Monday 16 December 2019

Mustard Seed Prices Gained As Support Seen After Revival Of Fresh Buying

Rmseed trading range for the day is 4449-4511.

Mustard seed prices gained as support seen after revival of fresh buying by millers in physical to meet the likely demand of mustard oil.

Mustard seed crushing by mills in India jumped 22.2% on year to 550,000 tn in November

Currently, high moisture level in the soil due to prolonged rains in most part of India is likely to delay sowing of Mustard.

In Alwar spot market in Rajasthan the prices gained 64.35 Rupees to end at 4694.5 Rupees per 100 kg.

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