Amid a firming trend at the spot markets on strong demand, mustardseed futures were trading higher by Rs 66 to Rs 4,999 per quintal today as participants enlarged their positions.
At the National Commodity and Derivatives Exchange, mustardseed for delivery in far-month October was up by Rs 66, or 1.34 per cent, to Rs 4,999 per quintal, with a business turnover of 180 open lots.
Also, the commodity for delivery this month rose by Rs 48, or 1.03 per cent, to Rs 4,709 per quintal, clocking an open interest of 15,360 lots.
Marketmen said apart from a firm trend at the domestic spot markets on strong demand, restricted arrivals from growing regions, supported the upside in mustardseed futures.
Mustardseed for delivery in July was also trading higher by Rs 46, or 0.97 per cent, to Rs 4,775 per quintal, having an open interest of 91,670 lots.
