Mustard seed prices saw a modest rise of Rs 6 to Rs 4,171 per quintal in futures trade today after creating bets by participants due to emerging physical markets.
Marketmen said pause in arrivals and pick up in demand in spot markets encouraged traders to build up positions, consequently prices of mustard seed futures gone up.
At the National Commodity and Derivative Exchange Counter, mustard seed delivery for the most traded near September inched up by Rs 6 or 0.14 per cent to Rs 4,171 per quintal, with an open interest of 88,650 lots.
The delivery of the current August, too, edged up by Rs 5 or 0.12 per cent to Rs 4,126 per quintal, having business turnover in 74,500 open lots.
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