Sharp Surge in Mustard and Mustard Oil Prices Across India

23-May-2025 05:54 PM

Sharp Surge in Mustard and Mustard Oil Prices Across India

A significant increase has been observed in the prices of mustard and mustard oil across major Indian markets. Compared to May 1st, the prices recorded on May 23rd indicate a sharp upward trend in both mustard seed and oil rates.

Mustard Prices (Rs/Quintal):

In Delhi and Jaipur, the price of 42% conditioned mustard rose from ₹6100 to ₹6450 and ₹6300 to ₹6600 respectively, marking an increase of ₹350 and ₹300.

In Bharatpur and Alwar, the price of average quality mustard saw a rise of ₹365 and ₹400 respectively. Hapur (GST Paid) witnessed a ₹250 increase, while Agra recorded a ₹275 hike.

Mustard Oil Prices (Rs/10 Kg):

In Delhi, the price of expeller mustard oil rose from ₹1290 to ₹1370. Charkhi Dadri and Morena also saw increases of ₹95 and ₹70 respectively.

The highest spike in kachchi ghani oil was observed in Hapur, where prices jumped from ₹1420 to ₹1540 — a surge of ₹120.

Sri Ganganagar also saw a sharp rise from ₹1300 to ₹1400 in kachchi ghani oil, a ₹100 jump. Other cities like Kolkata, Agra, and Jaipur witnessed price increases ranging between ₹60 and ₹90.

Arrival of mustard in mandis has started declining gradually. With sustained demand, prices have shown consistent upward movement. This surge might prompt the government to initiate procurement soon.

While the market may see stability or a slight correction in the coming week, the overall outlook for mustard and mustard oil prices remains positive in the near future.