Mustard seed down in Jaipur on rise in arrivals

Mustard seed was quoted lower in Jaipur due to a rise in arrivals amid subdued demand from stockists and oil millers after a recent surge in prices. Expectations of a decline in output of the oilseed in Rajasthan cushioned the fall in prices to some extent.

NCDEX mustard seed down tracking benchmark market

Futures contracts of mustard seed on the NCDEX fell, tracking losses in the benchmark market of Jaipur. Prices of mustard seed fell in Jaipur due to a rise in arrivals amid subdued demand from domestic stockists and oil millers after a recent surge in prices. Expectations of a fall in output of the oilseed in Rajasthan, however, cushioned the fall in prices. The most active April contract on the NCDEX was down 30 rupees.

NCDEX soybean up on supply worries, short covering

Futures contracts of soybean rose on the NCDEX on concerns over a likely fall in arrivals in the coming days. The most active February contract was up 29 rupees. Talks of a hike in duty on the edible oil are also seen lifting prices.