Informist, Monday, Nov 7, 2022
By Tanya Rana
NEW DELHI – Prices of mustard in Jaipur, and soybean in Indore, rose today on strong demand from oil millers and crushers, traders said.
* Prices of MUSTARD rose today in the benchmark market of Jaipur, Rajasthan, on firm demand from crushers and millers, said Rupesh Parekh, a trader with Marudhar Trading.
* In Jaipur, mustard seed was sold at 7,150-7,175 rupees per 100 kg, up 50 rupees from Saturday. Arrivals were pegged at 375,000 bags, up 75,000 bags (1 bag = 84 kg), from the previous day.
* Arrivals are expected to rise further as farmers are offloading their stocks due to higher price, traders said.
* Similarly, prices of SOYBEAN rose in Indore, Madhya Pradesh, due to increased domestic demand from oil millers, said N.K. Agarwal, a local trader.
* Today, soybean was sold at 5,500-5,800 rupees per 100 kg, up 300 rupees from Saturday. Arrivals were pegged at 7,000 bags (1 bag = 100 kg), compared with 10,000 bags on the previous day.
* Prices of the oilseed are expected to rise more with increasing demand from crushers and millers for better quality arrivals, Agarwal added. End
Edited by Aditya Sakorkar
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
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© Informist Media Pvt. Ltd. 2022. All rights reserved.
Informist, Monday, Nov 7, 2022
By Tanya Rana
NEW DELHI – Prices of mustard in Jaipur, and soybean in Indore, rose today on strong demand from oil millers and crushers, traders said.
* Prices of MUSTARD rose today in the benchmark market of Jaipur, Rajasthan, on firm demand from crushers and millers, said Rupesh Parekh, a trader with Marudhar Trading.
* In Jaipur, mustard seed was sold at 7,150-7,175 rupees per 100 kg, up 50 rupees from Saturday. Arrivals were pegged at 375,000 bags, up 75,000 bags (1 bag = 84 kg), from the previous day.
* Arrivals are expected to rise further as farmers are offloading their stocks due to higher price, traders said.
* Similarly, prices of SOYBEAN rose in Indore, Madhya Pradesh, due to increased domestic demand from oil millers, said N.K. Agarwal, a local trader.
* Today, soybean was sold at 5,500-5,800 rupees per 100 kg, up 300 rupees from Saturday. Arrivals were pegged at 7,000 bags (1 bag = 100 kg), compared with 10,000 bags on the previous day.
* Prices of the oilseed are expected to rise more with increasing demand from crushers and millers for better quality arrivals, Agarwal added. End
Edited by Aditya Sakorkar
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2022. All rights reserved.
