India Edible Oil
Markets shut for Diwali, to repoen next week
This story was originally published at 18:23 IST on 30 October 2024
Register to read our real-time news.Informist, Wednesday, Oct. 30, 2024
By Afra Abubacker
NEW DELHI – Major oilseed markets were shut on Wednesday for Diwali celebrations, traders said. Markets will reopen next week, they added.
MUSTARD prices in Jaipur in Rajasthan were unavailable as the market was shut on account of Diwali. The market will reopen next week. Improved buying ahead of the wedding season is likely to support prices, traders said.
SOYBEAN prices were unavailable as the market in Indore in Madhya Pradesh was shut on account of Diwali. The market will reopen next week, traders said. Soybean prices are seen down amid high arrivals and moisture-laden quality stocks. However, purchases by the Madhya Pradesh government are likely to support prices in the long run, they added.
GROUNDNUT prices were unavailable as the market in Gondal in Gujarat was shut for Diwali. The market will reopen next week, local trader Ashok Virvani said. An increased supply of moisture-laden arrivals is weighing on prices.
COMMODITY | MARKET | PRICE (INR/100 kg) | CHANGE (in INR) |
Mustard | Jaipur | -- | -- |
Soybean | Indore | -- | -- |
Groundnut | Gondal | -- | -- |
End
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2024. All rights reserved.
To read more please subscribe
Share this Story:
