New Delhi. Due to the festive holidays, the mustard market was open for only 2-3 days during the week of October 18-24, and trading was quite slow. Mustard prices remained at previous levels in most markets, while limited fluctuations were recorded in some markets.

The price of 42% condition mustard remained stable at Rs. 6,900 per quintal in Delhi and Rs. 7,175 per quintal in Jaipur. The price of normal average quality mustard remained stable in Gujarat, Madhya Pradesh, and Uttar Pradesh, but increased by Rs. 50 and Rs. 100 per quintal, respectively, in Barwala and Hisar markets in Haryana. Meanwhile, the price in Charkhi Dadri fell by Rs. 50 to Rs. 7,100 per quintal. Similarly, mustard prices softened by Rs. 95 per quintal in Bharatpur, Rajasthan, and Rs. 25 per quintal in Khairthal.

Due to the long holiday and weak demand, prices of expeller and crude oil declined by ₹10-20 per 10 kg. Expeller prices fell by ₹5 in Delhi to ₹1,455, and in Ganganagar, they fell by ₹20 to ₹1,430 per 10 kg. Bharatpur also saw a decline of ₹20, with crude oil prices falling by ₹10 to ₹1,480 per 10 kg.

Mustard cake and DOC saw stable prices due to low trading. In Bharatpur, prices fell by ₹40 to ₹2,710 per quintal. Traders are confident of improved trading next week.

Arrival of mustard oil in the markets decreased, but the pace of sowing in the fields has started to increase. This year, high market prices have provided farmers with attractive and profitable prices, which is expected to increase their enthusiasm for mustard cultivation. This could lead to an increase in sowing area and production.