Mustard seed, oil prices fall on weak demand

Jaipur, June 30 (Commoditiescontrol) Mustard seed and oil prices extended fall on weak domestic demand while cake stayed steady.

Prices of 42 % conditioned mustard dropped Rs 25 to Rs 7075-7100 per quintal (GST excluding) in the benchmark market of Jaipur.

Mustard oil expeller was offered Rs 10 lower at Rs 1417-1418 per 10 kg and Kachhi Ghani prices also traded Rs 10 down at Rs 1427-1428per 10kg. Mustard seed cake prices were flat at Rs 2700-2725 per quintal.

Arrivals of mustard seed across the country were steady around 2.95 lakh bags of 80 kg each.

The major markets of Rajasthan received 1.40 lakh bags of mustard seed and arrivals of mustard seed were 20,000 bags in Madhya Pradesh, 45,000 bags in UP and 35,000 bags in Haryana and Punjab, 10,000 bags in Gujarat and 45000 lakh bags in other markets.

(By Commodities control Bureau; +91 9820130172)