Mustard seed prices rose marginally by Rs 8 to Rs 3,933 per quintal in futures trade today as investors created fresh bets backed up by higher physical demand.
Market players said investors were raising their holdings in line with a boost in demand for oil mills amid tight supplies in
spot markets, which resulted in an uptick in mustard seed futures.
At the National Commodity and Derivatives Exchange, mustard seed delivery for May contracts gained Rs 8, or 0.20 per cent, to Rs 3,933 per quintal, with an open interest of 1,19,330 lots.
In a similar way, the delivery of June contracts moved up by same margins to Rs 3,970 per quintal, with an open interest of 28,890 lots.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)