Mustard seed futures drop 0.60 pc

New Delhi, Dec 8 (PTI) Mustard seed traded lower by Rs 24to Rs 3,958 per quintal in futures trade today as speculatorsoffloaded holdings in line wi...

New Delhi, Dec 8 (PTI) Mustard seed traded lower by Rs 24to Rs 3,958 per quintal in futures trade today as speculatorsoffloaded holdings in line with a weak trend at the physicalmarkets.

At the National Commodity and Derivative Exchange,mustard seed to be delivered this month contract was tradinglower by Rs 24 or 0.60 per cent to Rs 3.958 per quintal, withan open interest of 11,830 lots.

The most-active delivery in January month contract alsofell by Rs 17 or 0.42 per cent to Rs 4,018 per quintal,clocking an open interest of 34,290 lots.

Marketmen said offloading of positions by speculatorstriggered by weak trend at the physical markets mainly led tothe fall in mustard seed prices at futures trade here. PTI SDGSUNABM.

This is unedited, unformatted feed from the Press Trust of India wire.

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