Rape/mustard Seed: After witnessing sharp gains in the previous session, mustard seed prices settled lower on Thursday. The agriculture ministry data showed higher mustard seed planting figures. Mustard has been planted over 63.6 LH so far, 3.3% higher compared with a year ago. MSP for Mustard seed is increased to Rs 3000/qtl. India’s rapeseed output is expected to rise by 5% to 6.5 mn tn from 6 mn tn last year.
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