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Mustard seed, cake prices flat, oil trades firm

4 Aug 2022 1:59 pm
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Jaipur, Aug 4 (Commoditiescontrol) Mustard seed and cake prices stayed steady on Thursday while oil traded firm despite weak cues from global edible oil markets as weakness in crude oil has impacted vegetable oil prices.

Prices of mustard seed with 42% conditioned stayed flat at Rs 6850-6825 per quintal (excluding GST) in the market of Jaipur.

Mustard oil expeller traded Re 1 up at Rs 1371-1372 per 10kg and Kachhi Ghani also traded Re 1 higher at Rs 1381-1382 per 10kg.

Mustard cake prices were steady at Rs 2650-2675 per quintal.

Arrivals of mustard seed were estimated 85000 bags in Rajasthan, 15000 bags in Madhya Pradesh, 35000 bags in Uttar Pradesh, 15000 bags in Haryana and Punjab, 5000 bags in Gujarat, and 40000 bags in other markets. Total arrivals across the country stayed around 1.95 lakh bags of 80 kg each today against 2.05 lakh bags in the last session.

Arrivals declined as farmers are reluctant to liquidate their stocks at lower rates.

(By Commodities control Bureau; +91 9820130172)

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