Mustard seed dropped on profit booking after prices gained on reports of lower mustard oil imports and support from improved meal exports.
As per latest SEA import data, mustard oil imports were down 14% on year in April which may lead to higher domestic crushing.
NCDEX accredited warehouses mustard seed stocks gained by 1048 tonnes to 100049 tonnes.
In Alwar spot market in Rajasthan the prices gained 51.5 Rupees to end at 3986.4 Rupees per 100 kg.
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