Mustard June futures dropped to its lowest since April 2015 as market participants are expecting higher supplies of crop in the physical market amid bumper crop forecast this season. Stockiest and Millers are buying in the market at lower price levels. As per third advance estimates, the production of Mustard seed is expected to increase by 12 lakh tonnes to 79.8 lakh tonnes compared to last year.
Information source: www.skymetweather.com