Mustard Seed On NCDEX Settled Down By -0.31% At 3886

Mustard Seed on NCDEX settled down by -0.31% at 3886 on lower demand and on higher supply. Prices of the seed will be down as according to trade sources cattle feed manufacturers are shifting towards other alternatives like soybean meal as it is available at reasonable rate and it contains more protein than mustard cake. Moreover upcoming mustard crop has entered into the prodding stage and weather is favourable till next week due to which traders are anticipating that new mustard crop will be higher by around 10-15% over last year.

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