On the National Commodity and Derivatives Exchange, mustard seed contracts for February delivery fell by Rs 50, or 1.22 per cent, to Rs 4,038 per quintal in a business turnover of 8,930 lots.
Mustard seed contracts for April delivery also declined by Rs 33, or 0.80 per cent, to Rs 4,091 per quintal in a business turnover of 15,370 lots.
Marketmen said offloading of positions by participants following a weak trend in spot market mainly led to fall in mustard seed prices. VHP SHWSHW