Mustard Seed Futures Continue

Mustard seed futures continue to trade down this week on Wednesday due to widespread rains and absence of any major demand from industrial buyers. The Sep’16 contract ended 0.27% down to settle at Rs. 4,818 per quintal. In the recent weeks, mustard prices are moving in lower on anticipation of good oilseed production in the kharif season. Pick up in demand for crushing from industrial buyers at lower levels may support prices

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