Mustard seed futures fall on low demand

Mustard seed prices eased by Re 1 to Rs 3,978 per quintal in futures trade on Monday amid cutting down of positions by participants on low demand.

On the National Commodity and Derivatives Exchange, mustard seed contracts for October delivery fell by Re 1, or 0.03 per cent, to Rs 3,978 per quintal in a business turnover of 30,450 lots.

Mustard seed contracts for November delivery declined by Rs 5, or 0.12 per cent, to Rs 4,035 per quintal in a business turnover of 29,830 lots