Login ID:
Password:
Partner Login
Contact Us : 7066511911

Spot Mustard Seed, Oil Bounce Back On Sharp Rise In Oil Complex, Arrival At 7.50 L Bags

6 Mar 2021 8:19 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

NEW DELHI (Commodities control) Entire mustard complex bounced back today in spot market of Rajasthan and other producing states. Mustard seed and oil backed by oil complex which has seed sharp rise. Mustard seed jumped Rs. 225 to Rs. 5600-5605 per quintal (GST Extra) in Jaipur market. Mustard oil and oil cake also registered sharp rise. However, Mustard oil seed arrival increased from 7.25 lakh bags to 7.50 lakh bags (100 kg each) in all over the country.



According to market sources, sharp rise in Soya oil supported mustard complex. Soya oil had seed gains in spot and future market on Friday. However, there was no trade in future market in weekend. Price rise has boosted demand of mustard see in spot market. Mustard seed rose Rs. 175 to Rs. 5550-5555 per quintal in Jaipur in morning session. The prices rose further till evening. Even Higher arrival was unable to contain price rise in mustard seed. Mustard oil also witnessed price rise of Rs. 56 per 10 kg. Mustard oil cake increased Rs. 40 per quintal.



Mustard seed (42 percent condition) was traded at Rs. 5600-5605 per quintal (GST Extra) in Jaipur. Earlier, it was traded at Rs. 5375-5380 per quintal. M
ustard oil prices was traded at Rs. 1180-1181 in Jaipur and 1170-1171 per 10 kilogram in adjoining areas. Earlier, it was traded at Rs. 1124-1125 in Jaipur and 1114-1115 per 10 kilogram in adjoining areas. Mustard oil cake was traded at Rs. 2295-2300 per quintal. Earlier, it was traded at Rs. 2250-2260 per quintal.



Total arrival was 750,000 quintal in across the country. State arrival - Rajasthan 400,000, MP 65,000, UP 125,000, HP 25,000, Gujarat 60,000 and other states 75,000 bags.



(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
0.0

   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
Government procures 113.6 L MT, Over Four Fold than Las...
Indian Rice Export Rates Dip, Vietnam Prices Touch 5 ...
FranceAgriMer Raises 2020/21 Wheat Export forecast, kee...
Punjab wheat procurement 1.78 Lacs MT on third day
IKAR Raises Forecast for Russia's 2021 Wheat Crop
more
Top 5 News
Government procures 113.6 L MT, Over Four Fold than Las...
MP Cotton Eases Down On Weaker Buying From Stockists, M...
Imported Urad & Masoor Weaker at Mumbai, Chana-Kabuli C...
Shangahi Rubber Price 19 April 2021
Icex Rubber Price 19 April 2021
Top 5 Special Reports
Weekly: Most Pulses Extend Gains This Week, Urad Report...
Weekly: NY Cotton Extends Northward Rally amid Improvin...
Weekly: NY Sugar Posts Second Consecutive Weekly Gain o...
Crisis in Mozambique Could Mean Trouble for India's Foo...
Cotton Yarn Prices to Resume Northward Rally; Expanding...
Copyright © CC Commodity Info Services LLP. All rights reserved.