Mustard Seed On NCDEX Settled Up By 0.4% At 4976

Mustard Seed on NCDEX settled up by 0.4% at 4976 tracking firmness in spot demand on supply worries. Prices of edible complex were up on supply worries after as the European Commission cut its rapeseed harvest estimate by 5.5% to 20.8 million tons compared to 22 million tons, putting the crop at a four-year low. Yields were also affected among others by the cold spell in April in France, the pressure of disease following the excessive rainfalls of May-June in continental Western Europe and dry conditions in northern-eastern Germany.

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