Weakness Continue In Chana And Mustard Seed

Sharp selling was seen in chana and mustard seed market due to fragile demand by millers at higher levels along with stock liquidation by government agencies. The market sources added that heavy stock selling by NAFED to cater domestic festival demand has maintained adequate supplies in local mandies. On the other side, selling also emerged in guraseed counter as traders have reported some profit taking in mustard seed market. The sources have estimated 3.50 lakh bags of daily arrivals of mustard seed. The daily arrivals are likely to remain strong in the coming days. The NCDEX June futures declined by 0.91% today