Price Analysis (29 April vs 05 May 2025)
05-May-2025 07:35 PM
Mustard:
Delhi Condition:
Prices in Delhi stood at ₹6100/quintal on 29 April, remained stable from 1 to 3 May, but slipped slightly to ₹6050 on 5 May.
Jaipur Condition:
Prices rose from ₹6250 on 29 April to ₹6300 on 30 April, stayed firm on 1–2 May, and closed slightly lower at ₹6275 on 5 May.
Bharatpur:
Prices began at ₹5925, peaked at ₹5950 during the week, and dropped to ₹5920 by the end of the period.
Market Sentiment:
Arrivals are decreasing, but crushing demand is still weak.
Current prices are considered bottom levels, with expectations of future support from edible oil demand.
There is no real substitute for mustard oil in the market, and annual demand is consistently rising.
Soybean:
Latur:
Prices held at ₹4400 from 26–28 April, dropped to ₹4350 on 29–30 April, and rebounded to ₹4400 by 2–3 May.
Dewas:
Prices were at ₹4150 on 28 April but improved to ₹4400 by 3 May, before dropping again to ₹4300 today.
Kota:
Started at ₹4375, slid steadily to ₹4320 by Friday, and remained at ₹4325 on Saturday and today.
Market Sentiment:
Record production, weak crushing demand, and aggressive selling by government agencies (similar to last year’s mustard trend) are weighing on prices.
Low demand for DOC and competition from DDGS is expected to keep prices under pressure in the near future.
Caution is advised—avoid bullish positions.