Despite weak demand, prices of groundnut seed were steady in Gondal, Gujarat, because of government procurement under minimum support price. The Gujarat government announced a bonus of 50 rupees per 100 kg on the minimum support price of groundnut in shell.
Olam Agro takes delivery of 1,690 metric tonne mustard seed on NCDEX in Oct.
Olam Agro India took delivery of 1,690 metric tonne mustard seed on the National Commodity and Derivatives Exchange under the October contract. At 850 metric tonne, Gemini Edibles & Fat India made the highest delivery of mustard on the exchange.
India Soy shrugs gains from, down over 1% on CBOT cues.
Shrugging off gains from the previous session, futures contracts of all components of the edible oil basket fell on domestic exchanges. After ending 2.5% higher in the previous session, soybean on the National Commodity and Derivatives Exchange closed 1.2% lower as demand from crushing plants fell at higher prices.