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Mustard Seed Reaches Rs. 5725 in Jaipur, Stockists Activity Pushes Up Prices

17 Oct 2020 7:29 pm
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NEW DELHI (Commodities control) Mustard seed soared today and breached Rs. 5700 per quintal in Jaipur. Mustard prices jumped Rs. 40 per quintal in all major market. According to market sources, stockists and speculators were actively supporting higher prices.

Vegetable oil complex was also supporting price rise, despite new arrival. Mustard oil and oil cake followed the seed price trend. Mustard arrival reduced drastically in mandis. Total arrival fell down from 1.10 Lakh quintal to 50 quintal today in all the major producing areas. It was said that weekend and festive mood were responsible for lower arrivals.

Mustard seed traded at Rs. 5720-5725 per quintal (42 percent condition) in Jaipur market. Earlier, the oil seed was priced at Rs. 5680-5685 per quintal. Mustard oil was priced firm at Rs. 1126-1127 in Jaipur and Rs. 1116-1117 per 10 kg in adjoining areas. Earlier, the oil was sold at Rs. 1121-1122 in Jaipur and Rs. 1111-1112 per 10 kg in adjoining areas. Mustard oil cake rose to Rs. 2360-2365 per quintal. Earlier, It was priced at Rs. 2355-2360 per quintal.
Total arrival declined from 110,000 quintal to 50,000 in across the country.

Rajasthan’s smaller mandis were receiving good quantity of mustard seeds. Mustard price was ruling at lower level for unconditioned oilseed. Mustard seed traded in Naukha Rs.4700-4800, Sriganganagar Rs. 4725-4851, Raisinghnagar Rs. 4850-5081, Rawala Rs. 4950-5145, Adampur Rs. 5103, Shrivijainagar Rs. 4930 per quintal.

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

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