Mustard Seed On NCDEX Settled Down By -0.26% At 3897

Mustard Seed on NCDEX settled down by -0.26% at 3897 tracking weakness in spot demand on oversupply woes. India's mustard crop sowing rose 13.62% to 6.82 million hectare until Dec 23 due to good moisture, showed agriculture ministry data. In the same period a year ago the sowing of mustard was reported at 6.01 million hectares, government data showed. At Newai market sources reported arrivals at 400, lower by 400 from previous trading day. At Kota market total arrivals are at 500 Bags, down by 300 Bags from previous day’s arrivals.

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