Mustard seed futures up on spot demand

New Delhi, Jan 24 () Mustard seed prices on Friday rose by Rs 23 to Rs 4,210 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 23, or 0.55 per cent, to Rs 4,210 per quintal with an open interest of 12,410 lots.

Similarly, the delivery for April gained Rs 5, or 0.12 per cent, to Rs 4,270 per quintal with an open interest of 11,870 lots. VHP SHW SHW