Login ID:
Password:
Partner Login
Contact Us : 7066511911

Mustard seedís stocks at 48 lakh tonnes, sufficient for crushing till Feb 2023

9 Aug 2022 9:46 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai, August 9 (Commoditiescontrol) The physical market has received around 67.75 lakh tonnes of mustard seed during March-July and remaining 40.25 lakh tonnes of the crop is current with farmers as the traders’ estimates for mustard seed in the crop year 2021-22 is 108 lakh tonnes, as per the latest report released by Marudhar Trading Agency, a Jaipur based company.



As per the agency’s report, the processors and stockiest were holding 7.75 lakh tonnes of mustard seed by the end of July.



Hence, total stocks of mustard seed are 48 lakh tonnes. The trade analysts have to say that these stocks are sufficient for crushing in seven months starting from Aug2022 to Feb2033.



Arrivals of mustard seed in early 5 months were in diminishing order as 16 lakh tonnes of mustard seed were received in the physical markets across India during March. Arrivals of mustard seed were 15 lakh tonnes in April, 12 lakh tonnes in May, 10 lakh tonnes in June and 7 lakh tonnes in July and average arrivals of the commodity in rest of the 7 months will also come around 7 lakh tonnes.


(By Commodities control Bureau; +91 9820130172)


       
  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 Special Reports
Rainfall during the second half of monsoon season most...
Parts of Maharashtra may receive pre-monsoon rains soo...
India to receive normal rains for the fourth consecuti...
Skymet weather forecasts normal monsoon for India in 2...
Skymet predicts normal monsoon for India in 2022
more
Top 5 News
Week Ahead: Moong price to extend gain on consistent mi...
Week Ahead: White Pea may find support at lower levels ...
Week Ahead: Kabuli Chickpea to trade firm on festive de...
Week Ahead: Chana prices maintain firm tone on need-bas...
Week Ahead: Masoor may find support at current levels
Top 5 Market Commentary
DCE OIL COMPLEX MID DAY CLOSING 26 SEPTEMBER 2022
ZCE COTTON AND YARN MID DAY CLOSING 26 SEPTEMBER 2022
Wheat (CBOT) Ė Positive Short-term Trend / Next Resista...
Rubber (JPX) Ė Counter-trend Rally / Trading Near Resis...
Corn (CBOT) Ė Trending Higher / Next Resistance at 740
Copyright © CC Commodity Info Services LLP. All rights reserved.