Spot Market Update: Mustard seed Slumps On Poor Crushing Demand

Poor millers buying has reduced gains in mustard seed market. As per latest data compiled by Ministry of Agriculture, cultivators have sown oilseeds in 0.9 lakh hectare so far this kharif season as against 1.08 lakh hectare in the same period last year.Traders stated that spot prices increased by more than Rs 15 per quintal today in Jaipur, while arrivals were reported in the range of 1.50-2 lakh bags.