Mustard seed futures gain on fresh bets

New Delhi, Feb 13 () Mustard seed prices on Thursday rose by Rs 11 to Rs 4,062 per quintal in futures trade as speculators raised their bets amid limited supplies.

Marketmen said apart from restricted arrivals from growing belts demand from oil mills in spot market mainly lifted mustard seed prices here.

On the National Commodity and Derivatives Exchange, mustard seed for delivery in February rose by Rs 11, or 0.27 per cent, to Rs 4,062 per quintal with an open interest of 2,880 lots.

Similarly, the delivery for April gained Rs 7, or 0.17 per cent, to Rs 4,061 per quintal with an open interest of 17,590 lots. VHP SHWSHW