Market Analysis from May 3 to May 9, 2025: Mustard Continues to Rise, Soybean Experiences Volatility

09-May-2025 07:28 PM

Market Analysis from May 3 to May 9, 2025: Mustard Continues to Rise, Soybean Experiences Volatility

Mustard Price Report

Delhi Condition

The price started at ₹6,100 and closed the week at ₹6,250. There was a continuous increase in mustard prices in Delhi due to limited supply, and buyers continued to make purchases even at higher prices.

Jaipur Condition

The week began at ₹6,275, dipped to ₹6,225 mid-week, but ended at ₹6,350. Jaipur saw some softness in prices mid-week, but as demand from mills increased, the prices went up. May 9 saw the highest prices of the week.

Bharatpur Mandi

Started at ₹5,950 and closed on Friday at ₹6,130. There was some fluctuation in prices mid-week, but the market ended higher on Friday. Mustard arrivals in the markets have been decreasing.

Soybean Price Report

Latur

Prices started at ₹4,400, dropped to ₹4,350 the next day, and closed at ₹4,425.

Dewas

Prices began at ₹4,400 but fell to ₹4,300 on May 5 and 7, before rising back to ₹4,300. The demand in Dewas remained weak, causing the drop in prices mid-week.

Kota

Prices started at ₹4,325, dropped to ₹4,200, and closed the week at ₹4,225. The market in Kota remained sluggish throughout the week.

The mustard market saw increased buying, and prices in most markets closed at their highest levels of the week. Soybean markets showed a mixed trend with weak demand leading to price fluctuations.

As predicted by I-Grain India, mustard prices showed an upward trend, while soybean prices suffered due to weak demand from plants and large-scale sales by government agencies.