Jaipur, 17 May (Commoditiescontrol) : Mustard seed complex saw bullish buying on Friday tracking firmer tone in the prices of imported edible oils. Prices of mustard seed, oil and cake were quoted higher today.
The processors and the stockiest were interested in increasing their stock position in anticipation of more upsides in the coming days.
Prices of mustard seed with 42% conditioned rose Rs 75 to Rs 5825-5850 per quintal (excluding GST), in the benchmark market of Jaipur.
Mustard oil expeller prices rose Rs 16 to Rs 1080-1081 per 10kg. Kachchi Ghani prices also rose Rs 16 to 1090-1091 per 10kg. Mustard cake prices were Rs 20 higher Rs 2770-2775 per quintal in Jaipur.
Total arrivals of mustard seed were around 6.25 lakh bags across the country, up 25000 bags from last session. Arrivals of mustard seed were around 3.50 lakh bags in Rajasthan, 70,000 bags in Madhya Pradesh, 75,000 bags in Uttar Pradesh, 25,000 bags in Punjab and Haryana and 20000 bags in Gujarat. The major markets of states received around 85,000 bags of mustard seed.
At Kandla port, CPO prices rose Rs 5 to Rs 881 per 10kg and RBD palmolein prices gained Rs 5 to Rs 895 per 10 kg. Soyoil refine prices were quoted Rs 5 higher at Rs 910 per 10 kg. Degum prices gained Rs 15 higher at Rs 840 per 10 kg. Sunflower refine oil prices rose Rs 10 to Rs 920 per 10 kg.
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