Login ID:
Partner Login
Contact Us : 7066511911

Mustard seed Zooms Higher to Rs. 6100/Q in Jaipur, Oil Rises over Rs. 120/Kg

26 Oct 2020 7:23 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

NEW DELHI (Commodities control) Price rise continued in mustard seed and oil in spot markets of Rajasthan, Uttar Pradesh, Madhya Pradesh and other markets. Lower availability, ban on blending of other oils and support from other edible oil prices are main factors for consecutive price rise.

Today the oil seed rose Rs. 75 to Rs. 6095-6100 per quintal. Similarly, mustard oil and oil cake also shot up. According to the traders, millers, stockists are actively buying, while farmers were trying to hold their crop. Total arrival
was 130,000 quintal in all the major producing areas due to festival mood.

Mustard seed traded at Rs. 6095-6100 per quintal (42 percent condition) in Jaipur market. Earlier the oil seed was priced at Rs. 6020-6025 per quintal. Mustard oil was also moved up to be priced at Rs. 1204-1205 in Jaipur and Rs. 1194-1195 per 10 kg in adjoining areas. Earlier, the oil was sold at Rs. 1184-1185 in Jaipur and Rs. 1174-1175 per 10 kg in adjoining areas. Mustard oil cake rose to Rs. 2595-2600 per quintal. Earlier, It was priced at Rs. 2550-255 per quintal. Total arrival was 50,000 quintal in across the country.

Total arrival was 130,000 quintal in across the country. State wise arrival- Rajasthan 75,000, MP 7,000, UP 15,000, HP 5,000, Gujarat 8000 and other states 20,000 bags.

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 traded in Sriganganagar at Rs. 5390-5560, Raisinghnagar Rs. 4900-5473 and Adampur Rs. 5645 per quintal.

Futures market also witnessed uptrend today. Mustard November contract gained Rs.150 to Rs. 6008 per quintal. December contracts rose Rs. 162 to Rs. 6010 per quintal. January contract was up Rs. 217 to settle at Rs. 5950 and February contract upped Rs. 27 at Rs. 5760 per quintal.

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

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   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 :  

Top | Post Comment  

Latest Market Commentary
Chana Firm in Selective Spot Mkts
Domestic Tur Mixed in Selective Mkts, Imported Variety ...
Moong Registers Mixed Price Trend
Slack Demand, Reports of Bilateral Import Agreement Dra...
Branded Processed Pulses At Mumbai APMC Market- 18th Ju...
Top 5 News
Chana Firm in Selective Spot Mkts
Sugar Prices Unchanged on Weak Buying
Wheat Prices continues bearish tone in UP, Steady Tone ...
Coriander Witnesses Sluggish Business, Prices Steady/Do...
Domestic Tur Mixed in Selective Mkts, Imported Variety ...
Top 5 Special Reports
Prices of Tur, Moong dal and Urad stable, showing Decli...
Wheat Procurement May Cross Target of 433 Lakh tonnes
U.S. Corn Exports Rise 1% Last Week : Reports
U.S. Cotton Exports Rises 18% to 3.03 Lakh RB from Last...
U.S. Soybean Exports Fall 47% , Soyoil 57% : Weekly Rep...
Copyright © CC Commodity Info Services LLP. All rights reserved.