Mustard seed Settles Flat With Marginal Losses

Weakness continued in mustard seed futures on the back of receding mustard meal demand along with limited offtake by millers in domestic market. The NCDEX futures settled in red with marginal losses. The latest data compiled by Solvent Extractors Association of India (SEA) of India stated that total mustard meal exports during May were registered at 0.45 lakh tonnes against 0.56 lakh tonnes of last year in the same period. The NCDEX July futures closed at Rs 4035 per quintal , down Rs 3 per quintal from last year in the same period.