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Mustard seed, oil and cake prices rise on strong buying support, firm global cues

27 Jun 2022 3:41 pm
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Jaipur, June 27 (Commoditiescontrol) Mustard seed and oil prices rose sharply on Monday as buying gathered pace after recent fall in the prices of the oilseed, and edible oil. Prices of edible oil also gained in the global market amid technical buying spport.

Prices of 42 % conditioned mustard rose Rs 125 to Rs 7075-7100 per quintal (GST excluding) in the benchmark market of Jaipur.

Mustard oil expeller was offered Rs 21 higher at Rs 1422-1423 per 10 kg and Kachhi Ghani prices also traded Rs 21 higher at Rs 1432-1433 per 10kg. Mustard seed cake prices gained Rs 50 to trade at Rs 2675-2700 per quintal.

Arrivals of mustard seed across the country were around 3.25 lakh bags of 80 kg each, up 75000 bags from the last year.

The major markets of Rajasthan received 1.50 lakh bags of mustard seed and arrivals of mustard seed were 25,000 bags in Madhya Pradesh, 50,000 bags in UP and 35,000 bags in Haryana and Punjab, 15,000 bags in Gujarat and 50000 lakh bags in other markets.

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