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Mustard Seed Climbs Further On Lower Supply, Oil And Meal Also Gain

10 Oct 2020 7:06 pm
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NEW DELHI (Commodities control) Mustard seed prices headed higher today in Jaipur as arrival was limited and stockists were unwilling to sell at present prices.

However, smaller mandis also reported higher prices of the oil seed. Mustard oil and oil cake also rose today, following the seed prices. Mustard oil cake again breached the mark of Rs. 2300 per quintal. Total arrival reduced to 1.35 Lakh quintal in all the major producing areas.

Mustard seed traded at Rs. 5645-5650 per quintal (42 percent condition) in Jaipur market. Earlier mustard seed was priced at Rs. 5630-5635 per quintal. Mustard oil also traded higher at Rs. 1115-1116 in Jaipur and Rs. 1105-1106 per 10 kg in adjoining areas. Earlier, mustard oil was sold at Rs. 1111-1112 in Jaipur and Rs. 1101-1102 per 10 kg in adjoining areas. Mustard oil cake was quoted higher at Rs. 2315-2320 per quintal from it’s previous rates of Rs 2290-2295 per quintal. Mustard oil and oil cake followed seed price trend, although oil cake demand was not too high because cheaper meals were available in the market.

Total arrival reduced from 135,000 quintal to 115,000 quintal in across the country. State wise arrival- Rajasthan 65,000, MP 5,000, UP 15,000, HP 5,000, Gujarat 5000 and other states 20,000 bags.

Smaller Mandis in Rajasthan were receiving good quantity of mustard seed. Mustard prices were ruling at lower level for unconditioned oilseed. Mustard seed traded in Naukha Rs.4800, Sriganganagar Rs. 4550-5095, Raisinghnagar Rs. 4800-4900, Adampur Rs. 5016 and Rawala Rs. 4950-5070 per quintal.

(By Commoditiescontrol Bureau: +91-22-40015505)

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