New Delhi, April 27: Mustardseed prices declined by Rs 3.90 or 0.77 per cent to Rs 503.75 per 20 kg in futures trade today on lower offtake by traders in line with weak spot market sentiment. Marketmen said, increased supply from growing regions amid reduced offtake by mills and stockists largely influenced the trading sentiment.
At the National Commodity and Derivatives Exchange, mustardseed for May-month contract slipped by Rs 3.90 or 0.77 per cent to Rs 503.75 per 20 kg in 97,000 lots. June-month contract also eased by Rs 3.25 or 0.63 per cent to Rs 511 per 20 kg, recording an open interest of 79,220 lots.
—-PTI