Mustard Seed Futures

Mustard seed futures end this week in negative due to want of physical demand but traded higher on Friday on bargain buying by market participants. The Oct’16 contract ended 2.70% down last week to settle at Rs. 4,571/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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