Mustard down on NCDEX tracking weakness in soyoil

Mustard seed contracts were down on the NCDEX tracking bearish movement in the soyoil contracts. Mustard oil and soyoil are cooking oils and are used as substitutes. Expectations of higher arrivals of the oilseed in the coming weeks is seen weighing on the prices of mustard seed. However, prices of mustard were up in the spot markets because of demand from oil millers.