Jaipur, June 25 (Commoditiescontrol): The mustard complex experienced a bearish trend on Wednesday due to subdued demand. Prices for mustard seed and oil declined in the benchmark market of Jaipur, while oil cake prices remained firm.
In Delhi, mustard seed prices decreased, but oil prices held steady. In the Charkhi Dadri market, prices for mustard seed, oil, and cake all fell. Overall, buying activity was weak, while arrivals remained stable. Traders reported a cautious sentiment among both buyers and sellers.
Key Price Movements:
Jaipur:
*Mustard seed: ₹6,025-6,050 per quintal (down ₹25)
*Mustard oil expeller: ₹1,147-1,148 per 10kg (down ₹7)
*Mustard oil Kachchi Ghani: ₹1,157-1,158 per 10kg (down ₹7)
*Mustard cake: ₹2,665-2,670 per quintal (up ₹10)
Delhi:
*Mustard seed: ₹5,900-5,950 per quintal (down ₹25)
*Mustard oil expeller: ₹1,145 per 10kg (unchanged)
Charkhi Dadri:
*Mustard seed: ₹5,850-5,900 per quintal (down ₹25)
*Mustard oil expeller: ₹1,130 per 10kg (down ₹5)
*Mustard cake: ₹2,620 per quintal (down ₹5)
Market Arrivals:
Total arrivals of mustard seed across India reached 4.25 lakh bags, with Rajasthan contributing 2.6 lakh bags.
The mustard complex is currently facing downward pressure due to sluggish demand. Market participants are adopting a wait-and-see approach, leading to limited trading activity. The price movements in key markets reflect this cautious sentiment.
(By Commoditiescontrol Bureau; +91-9820130172)
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