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22nd May 09
(Indicative Prices in US Dollar pmt fob port, India)
Mustard Seed - US$ 600-625
pmt fob Kandla / Mundra port
The spot prices for mustard dropped by around 2% in major
mustard growing areas while its futures prices showed the decline of 1-1.5%
this week. The down movement for mustard seed was because of the weak
soybean market due to international factors. The june futures were trading
at around US$ 56.2, july @ 57, aug @ 58.4 and sep @ 59.1 per 100kg.
Sunflower
Seed: US$ 550-575 pmt (fob Mumbai port)
Safflower Seed: US$ 550-575 pmt (fob Mumbai port)
Niger Seed: US$ 900-950 pmt (fob Mumbai port)
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