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The demand for its meal too had dropped substantially during last month
dipping by around 75% compared to feb 08 export volume.
The futures contracts for mustard seed-rapeseed were up by around 4-4.5%
this week. The may contracts were approx. trading at U$ 8.85 for 20kg
while june futures were at 9 and july at 9.15. The outstanding position
for may futures were up by around 18000 this week while for june it jumped
up by around 8500.
Germany is offering rapeseed at around US$ 325-330 pmt fob and Canadian
origin canola is indicatively at US$ 340-345 pmt.
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