Jaipur, 8 May (Commoditiescontrol) Mustard seed complex continued its bullish trend for the second consecutive day tracking firm cues from the international market. Prices of mustard seed, oil and cake were quoted higher further today. Arrivals were a little higher.
Prices of mustard seed with 42% conditioned rose Rs 25 to Rs 5450-5475 per quintal (excluding GST), in the benchmark market of Jaipur.
Mustard oil expeller prices gained Rs 3 to Rs 1010-1011 per 10kg. Kachchi Ghani prices also rose Rs 3 to 1020-1021 per 10kg. Mustard cake prices rose Rs 25 to Rs 2610-2615 per quintal in Jaipur.
Total arrivals of mustard seed were around 5.60 lakh bags across the country, up 35000 bags from the last session. Arrivals of mustard seed were around 3.25 lakh bags in Rajasthan, 45,000 bags in Madhya Pradesh, 60,000 bags in Uttar Pradesh, 25,000 bags in Punjab and Haryana and 20,000 bags in Gujarat. The major markets of states received around 75,000 bags of mustard seed.
At Kandla port, CPO prices were quoted Rs 15 up at Rs 883 per 10kg and RBD palmolein prices rose Rs 10 to Rs 900 per 10 kg. Soyoil refine prices were quoted Rs 5 higher at Rs 900 per 10 kg. Degum prices were quoted Rs 18 higher at Rs 835 per 10 kg. Sunflower refine oil prices rose Rs 20 to Rs 910 per 10 kg.