Higher inflow crushes mustard

Our Correspondent Indore | Updated on October 09, 2014 Published on October 09, 2014

Sluggish trend continued in mustard oil on slack demand and physical buying with mustard oil prices in Indore mandis being quoted at ₹662 for 10 kg, while it was quoted at ₹655 in Neemuch and ₹665 in Morena. With new soyabean crop going into stock on account of its low prices, the release of mustard stocks in mandis across country has been on the rise, leading to decline in prices of both mustard oil and mustard seeds, said Kailash Agrawal, a broker. Mustard seeds were at ₹4,000-50 a quintal, while raida ruled at ₹3,000. Plant deliveries of mustard oil for Jaipur line were at ₹3,690-95.

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Published on October 09, 2014
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