HAFED invites bids for sale of 65,734.59 tn mustard seeds Thursday
This story was originally published at 19:55 IST on 5 February 2025
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MUMBAI – The Haryana State Cooperative Supply and Marketing Federation Ltd. has invited bids for the sale of 65,734.59 tonnes of mustard seeds (bulk) procured at the minimum support price during rabi marketing season 2024. The electronic auction will be held on Thursday between 1200 IST and 1245 IST, with an extension of 15 minutes. The matching round will be conducted for 60 minutes from 1600 IST to 1700 IST, it said in a notification.
The auction will be conducted through the federation's e-auction platform HafedAgriXchange.Org. It will be held on the portals of Star Agribazaar Technology Pvt. Ltd., National Commodity and Derivatives Exchange e-Markets Ltd., E-Tech Innovative Services Pvt. Ltd., and mjunction Services Ltd..
According to the notice by the federation, bidders will have to deposit an amount of INR 300 per 100 kg as earnest margin deposit. HAFED reserves the right to reduce the auction quantity or allocate the sale quantity among different successful buyers, it said. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Ashutosh Pati
Edited by Avishek Dutta
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