login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Firm trend observed in mustard complex on strong buying support

16 May 2024 2:44 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Jaipur, 16 May (Commoditiescontrol) : Mustard seed complex witnessed firm tone on Thursday tracking strong buying support. Prices of mustard seed, oil and cake were quoted higher in Jaipur and most other markets today. The processors and the stockiest were interested in increasing their stock position in anticipation of more upsides in the coming days.

Prices of mustard seed with 42% conditioned rose Rs 75 to Rs 5750-5775 per quintal (excluding GST), in the benchmark market of Jaipur.

Mustard oil expeller prices rose Rs 14 to Rs 1064-1065 per 10kg. Kachchi Ghani prices also rose Rs 14 to 1074-1075 per 10kg. Mustard cake prices were Rs 5 higher Rs 2750-2755 per quintal in Jaipur.

Mustard seed prices rose Rs 50 to Rs 5575-5625 per quintal and mustard oil expeller were flat at Rs 1055 per 10kg in the market of Delhi. In the market of Charkhi Dadri, mustard oil prices rose Rs 75 to Rs 5550-5600 per quintal. Mustard oil expeller rose Rs 5 to Rs 1045 per 10kg and mustard cake prices rose Rs 10 to Rs 2750 per quintal.

Total arrivals of mustard seed were around 6 lakh bags across the country, up 25000 bags from last session. Arrivals of mustard seed were around 3.40 lakh bags in Rajasthan, 65,000 bags in Madhya Pradesh, 70,000 bags in Uttar Pradesh, 25,000 bags in Punjab and Haryana and 20,000 bags in Gujarat. The major markets of states received around 80,000 bags of mustard seed.



At Kandla port, CPO prices were flat Rs 876 per 10kg and RBD palmolein prices gained Rs 5 to Rs 895 per 10 kg. Soyoil refine prices were quoted Rs 5 higher at Rs 910 per 10 kg. Degum prices gained Rs 5 higher at Rs 835 per 10 kg. Sunflower refine oil prices rose Rs 5 to Rs 920 per 10 kg.



       
  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 :  
   

Post Comment  

Latest Market Commentary
DCE OIL COMPLEX EVENING CLOSING:31-May-2024
*DCE Daily Rates Update:31-May-2024*
COCONUT PRICES : 31 MAY 2024
Castor Prices Soften in Gujarat Amid Limited Demand and...
Malaysia's May 1 - 31 palm oil exports rises 22.78 pct...
more
Top 5 News
ZCE COTTON AND YARN EVENING CLOSING:31-May-2024
DCE OIL COMPLEX EVENING CLOSING:31-May-2024
Small Cardamom Prices Show Mixed Trend Amid Increased A...
Domestic and Vietnamese Pepper Prices Continue to Surge...
Clove Prices Hold Steady in Key Markets
Top 5 Special Reports
US soybean net sales for May 17-23 at 329,400 MT, up 18...
US cotton net export sales for May 17-23 at 222,600 RB,...
EU Council Approves Steep Tariff Hikes on Russian and B...
Global Lentil Market Update
China's Cotton Imports Dip in April But Remain High Yea...
Copyright © CC Commodity Info Services LLP. All rights reserved.