Mustard Nov Futures See Some Fresh Buying On Thursday

Mustard Nov futures see some fresh buying on Thursday by the market participants. However, reports of higher stock levels in the country and good physical demand from the oil mills is keeping the price steady.

As per data compiled by Mustard Oil Producers Association of India, Oil mills across the country crushed 425,000 tn of mustard seed in September, down around 6% from previous month.

There are improved mustard meal exports in first 5 month of FY 2017/18. Country exported 216,258 tonnes mustard meal during this period which is 122% higher on year.

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