Market News for Mustard seed: prices ended higher by 0.98 % on Saturday at the National Commodity & Derivatives Exchange Limited as a result of the in the supply the commodity in the major markets. Mustard seed futures for April 2015 contract ended at Rs. 3,392/quintal, upward by 0.98 %, after opening at Rs. 3,361 against the last ending price of Rs. 3,359. It touched the intra-day maximum of Rs. 3,394. India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is maintained for scatter and direct consumption as the seed which leaves about 4.8 to 5.1 million MT for crushing and extracting oil. As per Market News.

Barley prices ended higher by 0.31 % on Saturday at the National Commodity & Derivatives Exchange Limited as a result of strong desired from beer and cattle-feed making industries against in physical markets. Barley futures for April 2015 contract ended at Rs. 1,141.5 / quintal, upward by 0.31%, after opening at Rs. 1,136 against the last ending price of Rs. 1,138. It touched the intra-day maximum of Rs. 1,145.5. The consumption desired for Barley in India mostly comes malt, poultry and animal feed. Barley malt is frightfully used for the production of alcoholic beverages in the country.

Chana prices ended lower by 0.59 % on Saturday at the National Commodity & Derivatives Exchange Limited as a result of the steady scattering progress of pulses along with big supplies in major producing states. Chana futures for April 2015 contract ended at Rs. 3,685/quintal, downward by 0.59 %, after opening at Rs. 3,701 against the last ending price of Rs. 3,707. It touched the intra-day low-lying of Rs. 3,672. India is the biggest producer of chickpea followed by Pakistan and Turkey. India produces around 6 to 8 million tonnes and contributes around 70 % of the total world production.

Maize prices closed lower by 0.16 % on Saturday at the National Commodity & Derivatives Exchange Limited as a result of heavy selling activity by the traders on account of bigger global supplies and weak off takes from the local buyers. Maize futures for March 2015 contract ended at Rs. 1,254/quintal, downward by 0.16 %, after opening at Rs. 1,254 against the last closing price of Rs. 1,256. It touched the intra-day low of Rs. 1,252. Sentiment weakened further as a result of a decreased in the for the commodity from bio-fuel making industries tracking the weaker global markets.