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Mustard seed trades firm, oil&cake stay steady

27 Jul 2022 1:56 pm
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Jaipur, July 27 (Commoditiescontrol) Mustard seed trades firm on Wednesday while prices of mustard oil and cake stayed steady as domestic edible oil market is mostly influenced by Malaysian palm oil market which remained bearish amid concerns about rising Indonesian supply.

However, mustard seed prices gained as domestic processors have raised their buying for mustard seed. Arrivals of mustard seed stayed steady.

Prices of mustard seed with 42% conditioned rose Rs 25 to trade at Rs 6825-6850 per quintal in the benchmark market of Jaipur. Mustard oil expeller traded flat at Rs 1354-1355 per 10 kg. Prices of Kachhi Ghani also stayed steady at Rs 1364-1365 per 10kg.

Mustard cake continued to trade flat at Rs 2625-2650 per quintal.

Arrivals were around 1.90 lakh bags across the country which included 90000 bags in Rajasthan, 20000 bags in MP, 25000 bags in UP, 15000 bags in Punjab and Haryana, 5000 bags in Gujarat and 35000 bags in the other markets of the country.

(By Commodities control Bureau; +91 9820130172)

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