Jaipur, 30 April (Commoditiescontrol) Mustard seed complex turned bearish on Tuesday amid negative global cues. Prices of edible oils were down in the international market today. Tracking negative global cues, prices of almost all imported edible oils were quoted down at the Indian ports.
Prices of mustard seed with 42% conditioned dropped Rs 75 to Rs 5350-5375 per quintal (excluding GST), in the benchmark market of Jaipur.
Mustard oil expeller prices declined Rs 10 to Rs 987-988 per 10kg. Kachchi Ghani prices also fell Rs 10 to 997-998 per 10kg. Mustard cake prices dropped Rs 10 to Rs 2535-2540 per quintal in Jaipur.
Total arrivals of mustard seed were around 7 lakh bags across the country, up 75000 bags from the last session. Arrivals of mustard seed were around 4 lakh bags in Rajasthan, 70,000 bags in Madhya Pradesh, 80,000 bags in Uttar Pradesh, 35,000 bags in Punjab and Haryana and 25,000 bags in Gujarat. The major markets of states received around 90,000 bags of mustard seed.
At Kandla port, CPO prices were quoted Rs 11 down at Rs 883 per 10kg and RBD palmolein prices fell Rs 5 to Rs 905 per 10 kg. Soyoil refine prices declined Rs 10 to Rs 905 per 10 kg. Degum prices were quoted Rs 10 down at Rs 830 per 10 kg. Sunflower refine oil prices dropped Rs 5 to Rs 915 per 10 kg.
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