Login ID:
Password:
Partner Login
Contact Us : 7066511911

Mustard seed eases down in spot markets, oil and cake also follow trend

5 Dec 2020 7:15 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

NEW DELHI (Commodities control) Mustard seed and oil prices eased down today in spot markets of Rajasthan and other producing states. Millers’ cautious buying could not support current seed prices. The oil seed was traded at Rs. 6075-6080 per quintal in Jaipur. Mustard oil and oil cake also fell down. Total arrival of mustard seed reduced to 70,000 quintal in all the major producing areas.



According to market source, millers were buying seed to keep their plants operational. But they were buying very cautiously as they were not sure for demand at higher oil prices. mustard oil seed was hovering at around Rs. 120 per kg. Mustard oil demand dampened due to price rise The oil seed was traded at Rs. 6075-6080 per quintal in Jaipur. Earlier, it was traded at Rs. 6125-6130 per quintal.
Mustard oil prices also increased to Rs. 1196-1197 in Jaipur and 1186-1187 per 10 kg. in adjoining areas. Earlier, the edible oil was traded at Rs. 1203-1204 in Jaipur and 1193-1194 per 10 kg. in adjoining areas. Mustard oil cake also decreased to Rs. 2580-2585 per quintal. Earlier, it was traded at Rs. 2595-2600 per quintal.



Total arrival was 70,000 quintal in across the country. State arrival- Rajasthan 35,000, MP 5,000, UP 10,000, HP 5,000, Gujarat 5000 and other states 10,000 bags.

(By Commoditiescontrol Bureau: +91-22-40015505)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
U.S. Soybean Export Sales Scaled 74% Lower to 466,000 M...
Spot Mustard Seed, Oil Prices Bounce Back As Entire Oil...
Palm Oil Analytics Sees Indonesian 2021 Palm Oil Output...
Soy Complex Soybeans (CBT) Positive Short-term Tren...
Soy Meal (CBT) Counter-trend Decline / Consolidating ...
more
Top 5 News
Oilseed Commentary: NCDEX Soybean futures positive on g...
U.S. Soybean Export Sales Scaled 74% Lower to 466,000 M...
U.S. Weekly Cotton Exports Rise 10% to 322,700 RB Durin...
Madhya Pradesh Sugar Mill Prices 28 JAN 2021
Domestic-Imported Tur Extend Fall in Major Mkts
Top 5 Special Reports
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
Cotton Yarn Prices Set to Move Higher amid Expanding Sp...
Weekly: Urad-Chana Post Strong Gains, While Masoor-Whi...
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
Copyright © CC Commodity Info Services LLP. All rights reserved.