Market Talk:
Hafed/Nafed very speedy Mustard buy/cornering most of arrivals big reason of Mustard spike in May
-Har Traders committed large Volumes to Hafed/invites Raj UP Traders to sell All crop to them as Mandi Prices trades below MSP
-Haryana Traders Lao-Lao tone spikes Mustard in May
Market believes:
-Many Haryana Mustard traders yet to deliver committed Qty to Hafed
-prices suddenly spiked very fast so traders short of delivery to Hafed
-Traders believed to convinced Hafed to sell Old stock so that they can buy, again sell to Hafed to complete committed deliveries