Mustard seed up in Jaipur on demand from oil mills.

Mustard seed prices were up in Jaipur, Rajasthan owing to improved demand from domestic oil millers and crushers. A fall in arrivals and seasonal demand for mustard oil also supported seed prices. Delayed sowing in key growing areas and export demand for mustard meal further lifted prices in domestic market.

Muted demand drags down coriander futures 1.72%.

Coriander prices fell by 1.72 per cent in futures market as participants cut down positions amid muted domestic and export demand against ample stocks position. Besides, higher supplies from major growing regions influenced coriander futures. The fall in coriander futures to subdued demand in the physical market against adequate stocks position on increased supplies from producing regions.

NCDEX mustard down as stocks at warehouses rise

Futures contracts of mustard seed were down on the NCDEX due to a rise in stocks of the oilseed at exchange-accredited warehouses. The most-active December contract was down 0.6%, on NCDEX. Stocks of mustard seed at the warehouses were at 2,608 tn compared with 1,566 tn a week ago.

Mustard seed prices rise in Jaipur on low arrivals.

Mustard seed prices rose in Jaipur due to a fall in arrivals, coupled with rising demand from domestic oil millers and crushers. Delayed sowing in key growing areas and export demand for mustard meal also supported prices in the domestic market.

Mustard acreage 3.71 mln ha, dn 3.5% on year.

Mustard acreage across the country was down 3.5% on year at 3.71 mln ha as of Thursday. In Rajasthan, the largest mustard producing state, sowing was at 1.47 mln ha, down 27.4%. Though mustard doesn’t need much water, the state did not receive any rainfall during Oct 1-Nov 8.