Mustard Jul Futures Edged Higher



Mustard Jul futures edged higher on Monday as market participants initiated fresh buying to touch 4 months high on anticipation of improved meal and crushing demand. Recently, government increase import duty on soft edible oil by 10-15%. Mustard oil mills across the country crushed 650,000 tn of the oilseed in June, down 27% from previous month as per data release by Mustard Oil Producers Association of India. According to SEA latest export report, mustard meal exports during first 2 months of 2018/19 is higher by 90% on year due to higher demand from South Korea.

For Quick Trial – 8962000225 ✔ 
or mail us here: info@ways2capital.com
✆-0731-6626191  | Toll Free - 1800-3010-2007
 Give a Missed Call for Free Trial - 09699997717
NewerStories OlderStories Home

0 comments: