Mustard seed futures gain on spot demand
Mar 2, 2020, 12:24 IST
New Delhi, Mar 2 () Mustard seed prices on Monday rose by Rs 7 to Rs 4,007 per quintal in futures trade as speculators raised their bets amid limited supplies.
Marketmen said apart from restricted arrivals from growing belts, demand from oil mills in spot market mainly lifted mustard seed prices here.
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On the National Commodity and Derivatives Exchange, mustard seed for delivery in April rose by Rs 7, or 0.18 per cent, to Rs 4,007 per quintal with an open interest of 17,340 lots.
Similarly, the delivery for May gained Rs 2, or 0.05 per cent, to Rs 4,030 per quintal with an open interest of 4,550 lots. VHP RUJRUJ(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)