Mustard Market Update – Prices Rise, What Next?

17-Jan-2026 01:03 PM

Mustard Market Update – Prices Rise, What Next?
MSP Rabi 2026: ₹6,200 per quintal)
★ Mustard prices in major Indian markets are currently trading well above the MSP, indicating a firm market tone despite higher sowing acreage this season.
~~~~~~~~~~
Mustard Price Trend
★ Jaipur, Charkhi Dadri and Agra markets have recorded week-on-week gains of ₹100–175 per quintal, reflecting better demand and limited selling pressure. Bharatpur prices remain largely stable, suggesting a balanced demand–supply situation. January prices in most markets are trading above December and October averages, which is providing support to the market.
~~~~~~~~
Mustard Oil Market
★ Kachchi Ghani and expeller oil prices have shown a mild recovery in January, with weekly gains of ₹8–35 per 10 kg. While prices are above December averages, they are still trading below November–October levels, indicating gradual improvement in demand rather than a sharp uptrend.
~~~~~~~~~
Sowing and Crop Situation
★ Sarson sowing has reached around 8.936 million hectares, higher than last year as well as the same period of the previous season. Crop condition is currently reported to be satisfactory. However, timely rainfall is crucial for good yields and oil recovery. In the absence of rains, seed size and oil content may be adversely affected.
~~~~~~~~
Outlook
★ Despite higher acreage, weather uncertainty and potential quality concerns are likely to keep prices supported. As winter eases and temperatures rise, edible oil demand may improve, which could further strengthen market sentiment. In the near term, the Mustard market in India is expected to remain stable to firm.