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CommodityWireIndia Edible Oil: Most mkts shut for Dhanteras, Diwali; mustard prices down
India Edible Oil

Most mkts shut for Dhanteras, Diwali; mustard prices down

This story was originally published at 19:14 IST on 29 October 2024
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Informist, Tuesday, Oct. 29, 2024

 

By Afra Abubacker

 

NEW DELHI – Most markets were shut Tuesday on account of Dhanteras and upcoming Diwali celebrations, traders said. They will reopen in the coming week, they added. Mustard prices in Jaipur, Rajasthan, fell slightly due to slack demand.

 

MUSTARD prices in Jaipur were down by INR 75 at INR 6,550-6,575 per 100 kg from Monday. Arrivals in the state fell 15,000 bags to 125,000 bags (1 bag = 90 kg), according to Marudhar Trading Agency. Mustard arrivals all over India were down by 40,000 to 265,000 bags, they added.

 

Prices from Kota in Rajasthan were unavailable as the market was shut on account of Dhanteras and Diwali. The market will reopen on Nov. 5, local trader Mahesh Sameriya said.

 

SOYBEAN prices were unavailable as the market in Indore, Madhya Pradesh, was shut on account of Dhanteras and upcoming Diwali. The market will reopen next week, traders said.

 

GROUNDNUT prices were unavailable as the market in Gondal, Gujarat, was shut for Dhanteras and Diwali. The market will reopen after 5-7 days, local trader Ashok Virvani said.

 

COMMODITY

MARKET

PRICE (INR/100 kg)

CHANGE (in INR)

 Mustard

 Jaipur

6,550

(-)75

 Soybean

 Indore

--

--

 Groundnut

 Gondal

----

 

End

 

Edited by Ashish Shirke

 

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