© Provided by Xinhua A bumper harvest puts smiles on farmers faces in Bangladesh Manikganj region.MANIKGANJ, Bangladesh, Dec. 1 (Xinhua) It has been
© Provided by Xinhua A bumper harvest puts smiles on farmers faces in Bangladesh Manikganj region.MANIKGANJ, Bangladesh, Dec. 1 (Xinhua) It has been
GLOBALink | Tibetans celebrate harvest festival shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.
Mustard prices up on higher offtake, bullish global trend
March 17, 2021
Fewer carry-forward stocks this year resulted in higher prices
Mustard prices are ruling higher than the minimum support price (MSP) fixed by the Centre on higher demand and a bullish trend in edible oil prices. Prices of the oilseed have gained despite projections of a record harvest, with the harvest season just about starting.
Mustard prices are currently ruling ₹1,000 a quintal higher or about a fourth over the same period last year. Currently, market prices are ruling higher by over a tenth above the MSP of ₹ 4,650 per quintal across various markets in Rajasthan, the largest producer of the winter or rabi oilseed. In markets such as Alwar, Baran and Tonk in Rajasthan, where arrivals exceeded over 1,000 tonnes on Monday, modal prices or the rate at which most trades took place, ranged between ₹ 5,000 and ₹ 5,300 per quintal, according to Agmarknet data.