Mustardseed prices firmed up by Rs 50 to Rs 4,070 per quintal in futures trading today after participants enlarged their exposures amid a firming trend at spot markets on rising demand.
In futures trading at the National Commodity and Derivatives Exchange, mustardseed for delivery in June contracts shot up by Rs 50, or 1.24 per cent to Rs 4,070 per quintal, having an open interest of 78,040 lots.
In similar line, mustardseed for delivery in May month contracts rose by Rs 41, or 1.02 per cent to Rs 4,061 per quintal, in an open interest of 3,570 lots.
Marketmen said a firming trend at spot markets following rising demand against thin supplies mainly influenced mustardseed prices at futures trade here.
