Jaipur, 9 April (Commoditiescontrol) Mustard seed and oil prices dropped on Tuesday while cake traded flat amid weak demand.
Prices of mustard seed with 42% conditioned fell Rs 50 to Rs 5,425-5450 per quintal kachchi (excluding GST), in the benchmark market of Jaipur.
Mustard oil expeller prices dropped Rs 2 to Rs 1020-1021 per 10kg. Kachchi Ghani prices also declined Rs 2 to 1030-1031 per 10kg. Mustard cake prices stayed steady at Rs 2520-2525 per quintal in Jaipur.
Total arrivals of mustard seed were around 8.25 lakh bags across the country. Arrivals of mustard seed were around 4.5 lakh bags in Rajasthan, 90000 bags in Madhya Pradesh, 95000 bags in Uttar Pradesh, 65000 bags in Punjab and Haryana and 25,000 bags in Gujarat. The major markets of states received around one lakh bags of mustard seed.
At Kandla port, CPO prices were Rs 5 higher at Rs 938 per 10kg and RBD palmolein prices were also gained Rs 5 to Rs 965 per 10 kg. Soyoil refine prices gained Rs 10 to Rs 960 per 10 kg. Degum prices were flat at Rs 880 per 10 kg. Sunflower refine oil prices were also flat at Rs 950 per 10 kg.