Mustard Aug Futures Witnessed Some Fresh Selling



Mustard Aug futures witnessed some fresh selling from market participants as the demand is steady. The prices have been trading in range on reports improvement in exports of meal during the first quarter of 2017/18. Meal exports from the country during the first quarter increase to 1.36 lakh tonnes from 60,889 tonnes last year same period. Mustard meal exports in June this year is pegged at 44,074 tonnes, down 21.4% compared to previous month in May. Last year, India exports 43,636 tonnes of meals in June.

According to data compiled by Mustard Oil Producers Association of India, Oil mills in the country crushed 550,000 tn mustard seed in June, 23% l

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