Business Standard

Monday, December 23, 2024 | 04:06 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Mustard seed futures gain on spot sentiments

Image

Press Trust of India New Delhi

Mustard seed prices looked up by Rs 26 to Rs 4,129 per quintal in futures trade today as traders enhanced exposures buoyed by robust physical market sentiments.

Market players said, tracking positive spot markets sentiment, where prices were higher due to tight arrivals and gearing up in demand for oil mill, mainly gave upward movements to the mustard seed futures prices.

At the National Commodity and Derivatives Exchange, mustard seed delivery for the most traded second contract August rose by Rs 26 or 0.63 per cent to Rs 4,129 per quintal, with an open interest of 1,11,310 lots.

Likewise, the delivery of the first contract July advanced by Rs 19 or 0.47 per cent to Rs 4,075 per quintal, clocking an open interest of 44,450 lots.

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 09 2018 | 12:55 PM IST

Explore News