Jaipur, 5 April (Commoditiescontrol) Mustard seed complex witnessed bearish mood on Friday due to slow buying and weak cues from the global edible oil market. As per the traders, imported edible oils were quoted either flat or down at India ports today. Prices of mustard seed and oils were quoted down in almost all trading centres of India tracking weak cues from the international edible oil markets.
Prices of mustard seed with 42% conditioned declined Rs 75 to Rs 5,450-5475 per quintal kachchi (excluding GST), in the benchmark market of Jaipur.
Mustard oil expeller prices dropped Rs 11 to Rs 1023-1024 per 10kg. Kachchi Ghani prices also fell Rs 11 to 1033-1034 per 10kg. Mustard cake prices stayed steady at Rs 2520-2525 per quintal in Jaipur.
Total arrivals of mustard seed were around 9 lakh bags across the country. Arrivals of mustard seed were around 5.15 lakh bags in Rajasthan, 95000 bags in Madhya Pradesh, one lakh bags in Uttar Pradesh, 70000 bags in Punjab and Haryana and 35,000 bags in Gujarat. The major markets of states received around 85000 bags of mustard seed.
At Kandla port, CPO prices were quoted flat at Rs 953 per 10kg and RBD palmolein prices fell Rs 5 to Rs 980 per 10 kg. Soyoil refine prices were flat at Rs 980 per 10 kg. Degum prices were dropped Rs 5 to Rs 900 per 10 kg. Sunflower refine oil prices were quoted flat at Rs 980 per 10 kg.
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