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Bullish tone continues in mustard complex

24 Apr 2024 2:41 pm
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Jaipur, 24 April (Commoditiescontrol) : Mustard seed complex cintinued to see bullish tone on Wednesday. Prices of mustard seed, oil and cake despite increased arrivals. As per the traders, demand for mustard seed increased from the processors and the stockiest as well.

Prices of mustard seed with 42% conditioned rose Rs 25 to Rs 5,400-5425 per quintal kachchi (excluding GST), in the benchmark market of Jaipur.

Mustard oil expeller prices gained Rs 6 to Rs 1006-1008 per 10kg. Kachchi Ghani prices also rose Rs 6 to 1017-1018 per 10kg. Mustard cake prices gained Rs 5 to Rs 2520-2525 per quintal in Jaipur.

Total arrivals of mustard seed were around 7.25 lakh bags across the country, up one lakh bags from the last session. Arrivals of mustard seed were around 4.25 lakh bags in Rajasthan, 65,000 bags in Madhya Pradesh, 75,000 bags in Uttar Pradesh, 40,000 bags in Punjab and Haryana and 25,000 bags in Gujarat.





The major markets of states received around 95,000 bags of mustard seed.

At Kandla port, CPO prices were quoted Rs 7 down at Rs 893 per 10kg and RBD palmolein prices declined Rs 5 to Rs 930 per 10 kg. Soyoil refine prices were flat at Rs 935 per 10 kg. Degum prices stayed steady at Rs 852 per 10 kg. Sunflower refine oil prices were steady at Rs 930 per 10 kg.



       
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