Mustard Seed On NCDEX Settled Up By 0.9% At 3913



Mustard Seed on NCDEX settled up by 0.9% at 3913 tracking firmness in spot demand amid lower level buying. Mustard sowing is completed on 6.953 million hectare as compared to 6.276 million hectare, higher by 10.8%. Congenial sowing conditions and higher prices forced farmers to take buoyant sowing of Mustard in Rajasthan, Madhya Pradesh and Uttar Pradesh. Mustard sowing in Uttar Pradesh has crossed normal acreage of the season. Favourable weather conditions (cool and dry) during last month has led Mustard crop to be good to excellent conditions.

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