Bullish Trend Persists in Oilseed Market

05-Jun-2026 06:31 PM

New Delhi. A bullish trend is being observed in the oilseed market, driven by positive cues from international markets, low arrivals in domestic mandis (wholesale markets), and strong demand from traders and oil millers. Prices of mustard and soybean, in particular, have risen significantly, yielding attractive returns for farmers.

Soybean is a key oilseed crop of the Kharif season, while mustard is a major crop of the Rabi season. Wholesale market prices for both these oilseeds are currently ruling above the Minimum Support Price (MSP).

Recently, the price of mustard (with 42% oil content) in Jaipur surged to a high of ₹8,100–₹8,125 per quintal, while total arrivals of this key oilseed at the national level dropped to around 6 lakh bags (each bag weighing 50 kg). The previous day, arrivals in the mandis had stood at 6.50 lakh bags.

Like mustard, the soybean market also remains firm. The market is currently in the off-season for supply, and government agencies are selling their stocks at high prices. High soybean prices have increased input costs, thereby impacting exports; consequently, offers for soy meal shipments to Asian countries are becoming uncompetitive. Although the official soybean cultivation season has commenced, a lack of soil moisture could hinder sowing operations.