Trusted Source for Mandi Bhav Updates
Select Mandi
Trusted Source for Mandi Bhav Updates
Select Mandi
May 11, 2026
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Fellow farmers and traders, this week the mustard market witnessed a mixed trend. While the market remained bullish during the early days of the week, by the end of the week, prices had reverted to the same levels at which the market had opened.
In the Jaipur mandi (market), mustard prices opened at ₹7,425 on Monday and closed at ₹7,400 on Saturday; however, during this interval, prices had briefly touched a high of ₹7,475. Due to weakening demand, prices settled at ₹7,400 by Saturday, marking a decline of ₹25 over the course of the week. A similar situation was observed in the Bharatpur mandi, where prices opened at ₹7,025 on Monday and closed at ₹6,950 on Saturday—registering a decline of ₹50.
Prices at processing plants also saw a downward adjustment ranging from ₹25 to ₹50. At the Saloni plant, prices dropped by ₹50 during the week, settling at ₹8,150. Turning to mustard oil trends, the market witnessed a recovery of ₹2 to ₹3 per kilogram this week. Although spot demand remains somewhat sluggish at present, the outlook for future contracts is gradually improving.
Given the narrowing price differential between mustard oil and other edible oils—such as soy and palm oil—there appears to be significant scope for further upward movement. It is anticipated that retail demand will pick up momentum as consumption rises with the onset of the monsoon season.
In light of these market conditions, the future of mustard oil appears quite robust; in the long term, prices could potentially reach levels between ₹1,550 and ₹1,600. Therefore, do not be alarmed by minor dips of ₹2 to ₹3; instead, consider purchasing and holding onto your stock. On the other hand, while domestic demand for mustard ranges from moderate to strong, export demand currently remains weak—a factor that is preventing mustard prices from receiving significant support at this time.
The lack of export demand stems from the fact that domestic prices for mustard oil cake (khal) have risen significantly, making exports economically unviable due to the high cost involved. Currently, domestic demand is the primary factor supporting prices. Furthermore, mustard stocks this year are lower compared to the previous year.
Notably, the government currently holds no stocks whatsoever; consequently, there appears to be no risk of government sell-offs in the near future. The remaining mustard stock is currently held in "strong hands"—meaning it is concentrated with holders who will only release their inventory once prices witness an upward surge.
Looking ahead, and considering the market fundamentals, the outlook for the market appears bullish. For the time being, the mustard market trend remains in a holding pattern, awaiting a pickup in demand; the market is currently trading within a limited range—a trend that is likely to persist for the next few days.
In the Jaipur mandi, mustard prices are currently trading within the range of ₹7,300 to ₹7,400. The level of ₹7,025 serves as a strong support, while ₹7,450 acts as a strong resistance. A breakout above ₹7,450 could trigger a significant rally, whereas a drop below ₹7,025 could lead to an intensified decline.
Overall, given the anticipated rise in demand for mustard oil and the scarcity of mustard stocks in the market, it is evident that the future outlook for mustard remains quite robust, with expectations of a substantial rise in prices in the coming times. Traders are advised to conduct their business at their own discretion.
