MUMBAI, 18 Jan (Commoditiescontrol): The mustard seed market exhibited a mixed trend on January 18, with prices softening in several key markets, including Jaipur, due to increased arrivals. The all-India mustard seed arrival stood at 1.6 lakh bags, with significant contributions from Rajasthan (70,000 bags), Uttar Pradesh (25,000 bags), and Madhya Pradesh (15,000 bags).
In Jaipur, mustard seed prices declined by ₹50, trading in the range of ₹6,375–₹6,400 per quintal, excluding GST. Mustard oil (kacchi ghani) and expeller prices saw a marginal rise of ₹6, reaching ₹1,330–₹1,331 per 10 kg and ₹1,320–₹1,321 per 10 kg, respectively. However, mustard cake prices fell by ₹15, settling at ₹2,270–₹2,275 per quintal.
Delhi's mustard seed prices remained steady at ₹6,250–₹6,300 per quintal, with expeller oil gaining ₹5 to trade at ₹1,320 per 10 kg. In Charkhi Dadri, mustard seed prices held firm at ₹6,200–₹6,250 per quintal, while expeller oil saw a ₹10 increase to ₹1,310 per 10 kg. Mustard cake prices in this region dropped by ₹10, settling at ₹2,250 per quintal.
The above graph highlights trends in mustard prices and arrivals. After a peak on January 10, arrivals have remained steady at around 2 lakh bags, while prices exhibited a downward trend, closing at ₹6,400 per quintal on January 18. The increased supply appears to be applying pressure on prices, despite slight support from the oil segment.
Overall, the mustard market remains under pressure due to higher arrivals and fluctuating oil and cake prices. Traders and farmers will monitor weather conditions and sowing progress, as these factors are likely to influence future price trends.
(By Commoditiescontrol Bureau; +91 98201 30172)
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