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Mustard seed trades flat, oil and cake prices fall further

29 Sep 2022 1:02 pm
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Jaipur, September 29 (Commoditiescontrol) Mustard seed prices were unchanged in the benchmark market of Jaipur and elsewhere in the country on Thursday.

However, prices of mustard oil and cake traded a little lower. However, global edible oil market witnessed firm tone today after a considerable fall witnessed in past sessions.

Prices of mustard seed with 42% conditioned stayed steady at Rs 6275-6300 per quintal (excluding GST) in the benchmark market of Jaipur.

Mustard oil expeller prices dropped Rs 2 to Rs 1252-1253 per 10kg and Kachchi Ghani was also priced Rs 2 lower at Rs 1262-1263 per 10kg.

Mustard cake prices were Rs 10 down at Rs 2435-2440 per quintal.

Arrivals of mustard seed were estimated 85000 bags in Rajasthan, 15000 bags in Madhya Pradesh, 30,000 bags in Uttar Pradesh, 15,000 bags in Haryana and Punjab, 5,000 bags in Gujarat, and 35,000 bags in other markets. Total arrivals across the country were around 1.85 lakh bags of 80 kg each.

Malaysian palm oil futures gained over 4 percent during the first session of trade on Thursday, snapping their 5-day losing streak as low-level buying emerged amid an upside in edible oils in the global market and expectations for better export data.

(By Commodities control Bureau; +91 9820130172)

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