New Delhi, Dec 16 (PTI) Mustard seed prices on Monday rose by Rs 27 to Rs 4,488 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 December rose Rs 27, or 0.61 per cent, to Rs 4,488 per quintal with an open interest of 3,930 lots.

Similarly, the delivery for January gained Rs 38, or 0.85 per cent, to Rs 4,512 per quintal with an open interest of 17,340 lots. SHW

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)