Mustard seed prices rose by Rs 16
Mustard seed prices on Friday rose by Rs 16 to Rs 4,462 per quintal in futures trade as speculators raised their bets amid limited supplies.
Marketmen said besides restricted arrivals from growing belts, demand from oil mills at spot market mainly lifted mustard seed prices here.
On the National Commodity and Derivatives Exchange, mustard seed for delivery in December rose by Rs 16, or 0.36 per cent, to Rs 4,462 per quintal with an open interest of 5,030 lots.
Similarly, the delivery for January gained Rs 11, or 0.25 per cent, to Rs 4,479 per quintal with an open interest of 15,290 lots.
