Agri tips & news : Prices of Mustard seeds ended high by 3.98 per-cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, October 2015 contract for mustard seed futuresclosed at Rs. 4,730 per quintal, up by 3.98 per cent, after opening at Rs. 4,590 in against to the previous closing price of Rs. 4,549. It reached the intra-day high of Rs. 4,730.
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| Agri tips |
India manufactures 5.5 million MT to7 million MT yearly and nearly 0.15 million MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing & extracting oil.
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