Weekly Review - Mustard
04-Oct-2025 07:50 PM
Signs of a halt in the bullish trend in most markets
New Delhi. The domestic mustard market had been experiencing a strong bullish trend since May 2025, and it seemed that the price of this important oilseed could surge to new record levels. After a prolonged period of high prices, the market appears to be experiencing a period of softening.
Stocks Available
There are two main reasons for this. First, farmers, traders, millers, and government agencies currently have significant mustard stocks, which is expected to ensure normal supply in the markets. Second, the mustard sowing season is about to begin.
Sowing Area
Given the high market prices, mustard sowing area is expected to increase in top producing states like Rajasthan, Uttar Pradesh, Madhya Pradesh, Haryana, West Bengal, and Gujarat, which is likely to have a psychological impact on domestic market prices.
42% Condition Mustard
During the week from September 27 to October 3, the price of 42% condition mustard fell by Rs. 50 to Rs. 6950 per quintal in Delhi and by Rs. 125 to Rs. 7100 per quintal in Jaipur. Markets in Gujarat also remained subdued. The price of normal average quality mustard fell by Rs. 125 per quintal in Charkhi Dadri, Haryana, and by Rs. 100 per quintal each in Morena and Porsa, Madhya Pradesh.
Rajasthan
In Rajasthan, the leading producing state, mustard prices declined by Rs. 50-100 per quintal in most markets, but Newai and Tonk recorded a rise of Rs. 150 per quintal.
Uttar Pradesh
In Agra market, Uttar Pradesh, mustard prices saw an unexpected and significant jump of Rs. 7250 to Rs. 7350/7750 per quintal, while in Hapur, they remained stable at Rs. 7250 per quintal. Mustard oil prices are trading above the government support price of ₹5,950 per quintal in all major markets.
Mustard Oil
The softening of mustard oil prices also led to a decline of ₹2-₹4 per kg. Expeller oil prices fell by ₹35 to ₹1,450 per 10 kg in Delhi and ₹55 to ₹1,480 per 10 kg in Mumbai. Similarly, crude mustard oil prices fell by ₹25 in Ganganagar, ₹10 in Jaipur, ₹20 in Kota, ₹40 in Alwar, and ₹50 per 10 kg in Hapur.
Mustard Cake (DOC)
Trading in mustard cake remained weak, leading to a slight decline in prices. However, DOC saw good demand in some areas. In Kota, prices improved by ₹500 to ₹17,500 per tonne.