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Mustard Seed Breaches Rs. 6000/Q In Jaipur, All Factors Supporting Firm Trend

24 Oct 2020 7:33 pm
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NEW DELHI (Commodities control) Mustard prices breached a mark of Rs. 6000 per quintal. Lower availability, ban on blending of other oil and support from other edible oil prices are main factors for consecutive price rise. Today the oil seed again rose Rs. 70 to Rs. 6020-6025 per quintal. Similarly, mustard oil and oil cake also shot up. According to the traders, millers, stockist actively buying while farmers were trying to hold their crop. Total arrival was mere 50,000 quintal in all the major producing areas due to festival mood.

Mustard seed was traded at Rs. 6020-6025 per quintal (42 percent condition) in Jaipur market. Earlier the oil seed was priced at Rs. 5950-5955 per quintal. Mustard oil was also moved up. Mustard oil was priced at Rs. 1184-1185 in Jaipur and Rs. 1174-1175 per 10 kg in adjoining areas. Earlier, the oil was sold at Rs. 1174-1175 in Jaipur and Rs. 1164-1165 per 10 kg in adjoining areas. Mustard oil cake rose to Rs. 2550-2555 per quintal. Earlier, It was priced at Rs. 2500-2505 per quintal. Total arrival was 50,000 quintal in across the country.

Rajasthan’s smaller mandis were receiving good quantity of mustard seed. Mustard prices was ruling at quite lower level for unconditioned oilseed. However, these mandis also registered impressive price rise. Mustard seed was traded in Sriganganagar Rs. 5292-5353, Shrivijaynagar Rs. 5000-5189, Raisinghnagar Rs. 4800-5465 and Adampur Rs. 5455 per quintal.

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

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