Mustard Seed Futures Closed Lower On Monday

Mustard seed futures closed lower on Monday due to profit booking and reports of good monsoon. Demand for crushing from industrial buyers may support prices. The Sep’16 contract ended 1.61% lower to settle at Rs. 4,895 per quintal. In the recent weeks, mustard prices are moving in sideways to lower on anticipation of good oilseed production in the kharif season.

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