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Mustard seed, oil steady today after consistent price rise, but cake increases

22 Jan 2021 7:28 pm
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NEW DELHI (Commodities control) Mustard prices retreated today in spot market of Rajasthan and other producing states as millers and processors eased down their buying on increasing prices. Mustard seed and oil prices remained steady in Jaipur. However, mustard oil cake managed to gain as it followed other oil meals. Mustard future contracts recorded mixed trend. Mustard seed arrival was 75,000 bags in all over the country.



Today, mustard seed prices steadied as millers and processors did not show much interest for buying. They have already procured comfortable stock for their crushing. Mustard seed (42 percent condition) was traded steady at Rs. 6200-6205 per quintal (GST Extra) in Jaipur.
Mustard oil prices remained stable at Rs. 1230-1231 in Jaipur and 1221-1222 per 10 kilogram in adjoining areas. Mustard oil cake increased to Rs. 2600-2605 per quintal. Earlier, it was traded at Rs. 2520-2525 per quintal.



Total arrival was 75,000 quintal in across the country. State arrival- Rajasthan 35,000, MP 5,000, UP 10,000, HP 5,000, Gujarat 5000 and other states 15,000 bags.



NCDEX also witnessed mixed trend in the oil seed contracts. February contract decreased Rs. 48 at Rs. 5588 per quintal. April contract down Rs. 16 to Rs. 5053 per quintal. May contract up Rs. 34 at Rs. 5056 per quintal.


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


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