Mustard Seed Futures Traded Down On Tuesday

Mustard seed futures traded down on Tuesday due to widespread rains and absence of any major demand from industrial buyers. The Sep’16 contract ended 0.08% down to settle at Rs. 4,818 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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