Mustard seed futures fall

Mustard seed prices fell by Rs 7 to Rs 3,927 per quintal in futures trade on Thursday after participants off-loaded their positions to book profits.

Marketmen said trimming of positions by traders to log in gains at current levels, mainly dragged down mustard seed prices here.

On the National Commodity and Derivatives Exchange, mustard seed contracts for September delivery eased by Rs 7, or 0.18 per cent, to Rs 3,927 per quintal in an open interest of 53,890 lots.

Mustard seed contracts for October delivery also shed Rs 12, or 0.03 per cent, to Rs 3,984 per quintal with an open interest of 60 lots