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MARKET DEVELOPMENT
Festival Demand Lifts Mustard
calendar22-07-2016 | linkHindu Business Line | Share This Post:

22/07/2016 (Hindu Business Line) - Improved festival demand has lifted prices of oils and oilseeds in Indore mandis over the past few days with mustard oil in Indore mandis currently being quoted at ₹780/10 kg on weak arrival of mustard seeds and improved demand from pickle manufacturers. Similarly, soya refined rose to ₹635-37, soya solvent at ₹600-605, palm oil ₹605, groundnut oil at ₹1,430-50, while cotton oil (Gujarat) traded at ₹695. Mustard seeds and raida in the physical market were at ₹4,400 a quintal . Similarly , plant deliveries of mustard seeds for Jaipur line were quoted at ₹5,150-60.