Commodity Updates : Mustard Seed prices closed lower by 1.35 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 the NCDEX, Mustard Seed futures for July 2015 contract closed at Rs. 4,174 per quintal, down by 1.35 per cent, after opening at Rs. 4,237 against the previous closing price of Rs. 4,231. It touched the intra-day low of Rs. 4,151.
Barley prices closed lower by 0.82 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At the NCDEX, barley futures for July 2015 contract closed at Rs. 1,208.5 per quintal, down by 0.82 per cent, after opening at Rs. 1,217 against the previous closing price of Rs. 1,218.5. It touched the intra-day low of Rs. 1,206.
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