Last Updated : July 05, 2012 11:31
MUMBAI (Commodity Online): Mustard Seed futures continued uptrend this week on firm demand for crushing tracking strong demand of?oilseeds complex.
In NCDEX RMseed July contract traded in the morning session at Rs.4011 per quintal, up by 0.95% and volume traded of the contract so far is 28550 lots.
Due to a sharp rise in the Soybean and thereby Soymeal prices, the demand for mustard meal has increased in the past few days while supplies continue to remain tight.
As per COOIT, Rapeseed output is estimated to drop by 12.6% to 6.03 mln tons in the year to June 2012.
NCDEX SUGARM200JUL12 20 July 2012 contract was trading at Rs 0 . What's your view on it?
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