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Mustard total Supply Estimated at 79.25 LT till Nov, Only 8 LT of Stock Left : Report

2 Dec 2021 3:33 pm
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NEW DELHI, Dec 2 (Commoditiescontrol) - Even though mustard production is expected to increase on the back of higher sowing during the ongoing Rabi season, but due to less stock left for the remaining two months of the current season, conditions are likely to be favourable for an uptrend. Mustard may rise if other edible oils do not decline.

According to a report, only 8 lakh tonnes of mustard is left in the country, out of which the consumable stock will be even less. Whereas the arrival of the next crop will start regularly in February itself. Till November, a total of 79.25 lakh tonnes of mustard has arrived through the mandis and directly.

A total of 72.25 lakh tonnes of mustard have arrived in the country till the end of November. About 5 lakh tonnes of mustard arrived in November. During the last March, April and May, due to the corona lockdown, about 7 lakh tonnes of mustard is estimated to reach the mills directly, according to the monthly demand-supply report of Marudhar trading agency, Jaipur.

Marudhar further said that 85 lakh tonnes of mustard was produced in the current season while there was one lakh tonnes of carryover stock of last season, which combined to make a total of 86 lakh tonnes of mustard available. Out of this, after arrival of 79.25 lakh tonnes of mustard, farmers are now expected to have only 5.75 lakh tonnes of mustard left.

The total availability at the plants was 80.25 lakh tonnes including 79.35 lakh tonnes of this season mustard and one lakh tonnes of last year. Out of this, crushing of 78 lakh tonnes has been done. In this way, 2.25 lakh tonnes of mustard is left with the plants. A total of 8 lakh tonnes of mustard is left with the farmers and the plants (along with the stockists).

According to trade sources, one to two lakh tonnes of mustard is saved every year as farmers hold back some mustard for seed. Apart from this, some inventory is also left with the plants and stockists. In this way, the remaining stock for consumption in the market will be around 6 lakh tonnes, which is not considered sufficient for the next two months.

The report said that the crushing was in full swing in November with 5.5 lakh tonnes of mustard was crushed. Whereas 5 lakh tonnes were crushed in October.

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


       
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