Mustard seed futures advance on spot leads

Mustard seed prices enquired higher by Rs 10 to Rs 4,144 per quintal in futures trade today as operators enlarged bets in tune with positive physical markets sentiments.

Marketmen said the rise in demand for oil mills amid tight stocks position in the spot markets mainly influenced mustard seed futures prices to northward.

At the National Commodity and Derivatives Exchange platform, mustard seed delivery for September moved up by Rs 10 or 0.24 per cent to Rs 4,144 per quintal, in an open interest of 1,10,470 lots.

Also, the delivery for August edged up by Rs 7 or 0.17 per cent to Rs 4,096 per quintal, showing an open interest of 45,140 lots.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)