Mustard Seed Futures Continue To Trade Down

Mustard seed futures continue to trade down this week due to want of physical demand as kharif oilseeds harvest is nearing. The Oct’16 contract ended 0.72% down to settle at Rs. 4,535/quintal. The country's production of rapeseed, is expected to rise 6.3 mt, up 12.5 % from a year earlier. The demand for mustard may pickup in physical market due to approaching winter.

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