Mustard seed futures rose by Rs 16 reaching 4092 per quintal in futures

Mustard seed prices rose by Rs 16 to Rs 4,092 per quintal in futures trade today as traders enlarged bets buoyed by upbeat physical markets lead.

Marketmen said, rising prices at the spot markets due to pause in supplies against pick-up in demand for oil mills, mainly led an upsurge in mustard seed futures prices.

At the National Commodity and Derivatives Exchange counter, mustard seed delivery for October marked up by Rs 16 or 0.39 percent to Rs 4,092 per quintal, showing an open interest of 40,690 lots.

The delivery for September moved up by Rs 13 or 0.32 percent to Rs 4,014 per quintal, with an open interest of 59,500 lots.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)