Mustard seed ends higher on restricted arrivals 19/06/2014

Mustard seed ends higher on restricted arrivals
19/06/2014 09:36
Mustard seed prices closed higher by 0.73 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for June 2014 contract closed at Rs. 3,470 per quintal, up by 0.73 per cent, after opening at Rs. 3,451 against the previous closing price of Rs. 3,445. It touched the intra-day high of Rs. 3,471.
India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing and extracting oil.

Mustard seed ends higher on restricted arrivals 16/06/2014

Mustard seed ends higher on restricted arrivals
16/06/2014 08:46
Mustard seed prices closed higher by 0.47 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for June 2014 contract closed at Rs. 3,430 per quintal, up by 0.47 per cent, after opening at Rs. 3,420 against the previous closing price of Rs. 3,414. It touched the intra-day high of Rs. 3,435.
India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing and extracting oil.

Mustard seed ends higher on restricted arrivals 13/06/2014

Mustard seed ends higher on restricted arrivals
13/06/2014 09:15
Mustard seed prices closed higher by 0.38 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for June 2014 contract closed at Rs. 3,414 per quintal, up by 0.38 per cent, after opening at Rs. 3,393 against the previous closing price of Rs. 3,401. It touched the intra-day high of Rs. 3,422.
India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing and extracting oil.

Mustard seed ends higher on limited supply 04/06/2014

Mustard seed ends higher on limited supply
04/06/2014 09:49
Mustard seed prices closed higher by 0.89 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for June 2014 contract closed at Rs. 3,387 per quintal, up by 0.89 per cent, after opening at Rs. 3,356 against the previous closing price of Rs. 3,357. It touched the intra-day high of Rs. 3,396. India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing and extracting oil.

Mustard seed ends lower on weak demand 03/06/2014

Mustard seed ends lower on weak demand
03/06/2014 09:13
Mustard Seed prices closed lower by 1.5 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for June 2014 contract closed at Rs. 3,355 per quintal, down by 1.5 per cent, after opening at Rs. 3,388 against the previous closing price of Rs. 3,406. It touched the intra-day low of Rs. 3,338
Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity.
EU-27 accounts to about 34 per cent of worlds RM seed production, others major producers are China (23 per cent), Canada (19 per cent), India (14 per cent), Australia (3 per cent), Ukraine (2 per cent). India produces 5.5 million MT to7 million MT annually.

Mustard seed ends higher on restricted arrivals 02/06/2014

Mustard seed ends higher on restricted arrivals
02/06/2014 09:00
Mustard seed prices closed higher by 0.06 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for June 2014 contract closed at Rs. 3,402 per quintal, up by 0.06 per cent, after opening at Rs. 3,294 against the previous closing price of Rs. 3,400. It touched the intra-day high of Rs. 3,439.
India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing and extracting oil.

Mustard seed ends lower on sluggish demand : 27/05/2014

Mustard seed ends lower on sluggish demand
27/05/2014 08:46
Mustard Seed prices closed lower by 1.15 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for June 2014 contract closed at Rs. 3,428 per quintal, down by 1.15 per cent, after opening at Rs. 3,494 against the previous closing price of Rs. 3,468. It touched the intra-day low of Rs. 3,414
Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity.
EU-27 accounts to about 34 per cent of worlds RM seed production, others major producers are China (23 per cent), Canada (19 per cent), India (14 per cent), Australia (3 per cent), Ukraine (2 per cent). India produces 5.5 million MT to7 million MT annually.