Mustard Seed Futures Continue To Close Lower



Mustard seed futures continue to close lower due to profit booking and reports of good monsoon rains. The Sep’16 contract ended 0.90% lower to settle at Rs. 4,851 per quintal. In the recent weeks, mustard prices are moving in sideways to lower on anticipation of good oilseed production in the kharif season. Demand for crushing from industrial buyers may support prices.

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