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Mustard seed futures climb on positive demand

PTI   

Mustard seed futures climb on positive demand
New Delhi, Mar 5 () Mustard seed prices on Thursday rose by Rs 21 to Rs 4,022 per quintal in futures trade as participants widened their bets amid firm spot demand.

Marketmen said apart from restricted arrivals from growing belts, demand from oil mills in spot market mainly lifted mustard seed prices here.

On the National Commodity and Derivatives Exchange, mustard seed for delivery in April rose by Rs 21, or 0.52 per cent, to Rs 4,022 per quintal with an open interest of 16,100 lots.

Similarly, the delivery for May went up by similar margins to Rs 4,045 per quintal with an open interest of 5,500 lots. VHP RUJRUJ


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