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Heavy selling in Gujarat, Maharashtra drag Cottonseed, oil cake prices in North

24 Feb 2021 8:47 pm
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NEW DELHI (commodities Control) cottonseed oil cake prices declined in Punjab, Haryana and Rajasthan. But mixed trend prevailed in cottonseed prices. According to traders, the prices dampened in northern states due to selling pressure from Gujarat and Maharashtra.



Cottonseed prices declined Rs 30 to Rs 3230 per quintal in Sirsa and Kalvani mandi. The prices remained steady at Rs 3050 Kaithal mandi. Cottonseed was traded flat at Rs 3050 in Alwar and Rs 2900-3000 per quintal in Beawar.



Cottonseed oil cake prices declined by Rs 30 to Rs 2850 per quintal in Assandh mandi. It lost Rs 40 to Rs 2860 per quintal in Uchana mandi. Prices remained steady at Rs 2690-2800 per quintal in Barwala mandi and Rs 2550-2650 in Sadulshahar. Prices declined Rs 20 to Rs 2650-2700 per quintal in Vijaynagar.



According to traders, selling pressure increased for cottonseed and cottonseed oil cake Gujarat and Maharashtra. Therefore, the prices came under pressure in North Indian states. Cottonseed and Cottonseed oil cake in Gujarat and Maharashtra were traded lower by Rs 200-300 per quintal than the prices of North India.



Market

Variety

24-February

23-Feb.

Change

Adampur Haryana

Binola

3150-3200

3175-3225

-25

Adampur Haryana

Kapas Khal

2670-2770

2700-2800

-30

Khairthal Rajasthan

Binola

2950-3000

2975-3025

-25

Khairthal Rajasthan

Kapas Khal

2650

2670

-20

Abohar, Punjab

Binola

3175-3275

3175-3275

0

Bhatinda, Punjab

Binola

3175-3275

3175-3275

0

(By Commoditiescontrol Bureau; +91-22-40015513)


       
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