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Mustard seed futures up nearly 1 pc on restricted supplies

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Press Trust of India New Delhi

Mustard seed prices rose by Rs 37 to Rs 4,180 per quintal in futures trade on Tuesday as speculators raised their bets amid limited supplies.

Marketmen said apart from restricted arrivals from growing belts, demand from oil mills in spot market mainly lifted mustard seed prices in futures trade.

On the National Commodity and Derivatives Exchange, mustard seed for delivery in November rose by Rs 37, or 0.89 per cent, to Rs 4,180 per quintal in 41,350 lots.

Similarly, the delivery for December gained Rs 39, or 0.94 per cent, to Rs 4,204 per quintal in 14,110 lots.

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First Published: Oct 22 2019 | 2:31 PM IST

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