NCDEX mustard up as investors cover short position.

Contracts of mustard seed rise on the NCDEX as investors covered short positions after prices fell. The most active June contract of mustard on NCDEX up 1.1%. In Jaipur, mustard seed is selling up 10-20 rupees. Slight recovery in demand from oil millers have supported upside in oilseed prices. Overall sentiment for oilseed remains weak due to ample supply in the local market and subdued export demand for mustard meal. Arrivals across country 15,725 tn vs 14,450 tn.