Mustard Seed Dropped On Profit Booking After Prices Gained On Hopes Of Meal Demand

Rmseed trading range for the day is 3900-4002.

Mustard seed dropped on profit booking after prices gained on hopes of meal demand from China as it refused shipment from Canada.

Further, higher procurement by National Agricultural Cooperative Marketing Federation of India limited the fall in prices.

NAFED had procured 754,707 tn mustard harvested in 2018-19, higher than 672,300 tn procured a week ago under the price support scheme.

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