Mcx commodity tips : Mustard Seed prices closed lower by 1.37 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At NCDEX, Mustard Seed futures for June 2015 contract closed at Rs. 4,188 per quintal, down by 1.37 per cent, after opening at Rs. 4,227 against the previous closing price of Rs. 4,246. It touched the intra-day low-lying of Rs. 4,176.
Jeera prices closed lower by 4 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export desired. At the NCDEX, jeera futures for June 2015 contract closed at Rs. 16,815 per quintal, down by 4 per cent, after opening at Rs. 17,480 against the previous closing price of Rs. 17,515. It touched the intra-day low of Rs. 16,815.
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