Weekly Review-Mustard

08-Mar-2025 07:42 PM

Mixed trend in mustard prices due to arrival of new crop

The mustard market has witnessed a mixed trend during the week, with fluctuating prices across various regions. The arrival of the new crop in the Rabi season has started affecting the market dynamics, leading to pressure on prices in some areas, while other regions have seen price increases.

Price Trends in Major Regions:

  • Delhi: The price of 42% condition mustard remained stable at Rs 6100 per quintal.

  • Jaipur: Prices saw a decline of Rs 150, with mustard priced between Rs 6150 and Rs 6175 per quintal.

  • Gujarat: In key markets like Deesa and Dhanera Mandi, the price of normal average quality mustard fell by Rs 150.

  • Haryana: Prices in various mandis in Haryana remained stable or softened slightly.

  • Madhya Pradesh: The prices in major markets like Morena, Porsa, and Gwalior showed stability.

  • Rajasthan: Surprisingly, Rajasthan recorded a notable increase in mustard prices:

    • Bharatpur saw an increase of Rs 56 per quintal.
    • Kota saw a rise of Rs 100 per quintal.
    • Bundi experienced a rise of Rs 200 per quintal.
    • Bikaner saw a substantial jump of Rs 400, with prices reaching Rs 5100-5400 per quintal.

Mustard Oil Prices:

  • The prices of mustard oil were generally soft during the week.
    • Delhi: The price of expeller mustard oil fell by Rs 5 to Rs 1315 per 10 kg.
    • Morena: The price dropped by Rs 20 to Rs 1310 per 10 kg.
    • Bikaner: Prices dropped by Rs 40 to Rs 1240 per 10 kg.

Some softening was also observed in other centers.

Market Arrival:

  • The arrival of mustard in the markets has been significant:
    • March 1-7 saw a substantial increase in arrivals, starting at 3.50 lakh bags on March 1 and reaching 8.50 lakh bags by March 7. Each bag weighs 50 kg.

Mustard Cake (DOC):

  • The business in mustard cake remained sluggish, and prices decreased by Rs 50-100 per quintal during the week.

Summary:

While prices in some regions saw pressure due to the arrival of the new mustard crop, other areas such as Rajasthan saw price increases. The mustard oil market experienced a general decline, while mustard cake saw a price drop due to sluggish demand.

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