NCDEX futures mustard up and CPO down

Mustard futures on NCDEX may rise due to upbeat demand scenario for mustard meal, analysts said, and added that a pick-up in demand at lower levels may also support prices. For Nov-Apr, palm oil imports increased to 4.57 mln tn from 4.31 mln tn in the year-ago period, while import of soft oils declined to 2.57 mln tn from 2.69 mln tn. Likely weakness in key crude palm oil contracts on Bursa Malaysia Derivatives may weigh on sentiment.