Mustard Prices Surge Near ₹8,900 Per Quintal, Farmers May Get Big Gains

Key Highlights

• Saloni plant mustard price nears ₹8,900/quintal.

• Jaipur mustard rates around ₹8,000/quintal.

• Bharatpur mandi prices jumped by ₹124.

• Total mustard arrivals remain low at 6.5 lakh bags.

• Strong buying by oil companies supports market rally.

The mustard market across India is witnessing a strong upward trend, bringing positive news for farmers and traders. Mustard prices have surged sharply in major mandis and processing plants due to low arrivals, strong demand, and aggressive buying by large oil companies and crushing plants.

The biggest highlight of the market rally is the price at the Saloni plant, which has reached close to ₹8,900 per quintal. Experts believe that if arrivals remain limited and demand continues to stay strong, mustard prices could remain firm between ₹8,200 and ₹8,500 per quintal in the coming days.

Strong Rally Seen in Mustard Market

The mustard market has turned bullish over the past few days across key states including Rajasthan, Haryana, Uttar Pradesh, Madhya Pradesh, and Maharashtra. Traders and farmers are closely watching the market as prices continue to move upward.

In Jaipur market, mustard prices were recorded around ₹8,000 per quintal, while Bharatpur Mandi witnessed a sharp jump of ₹124 in a single day, taking prices to nearly ₹7,180 per quintal.

Market arrivals have also dropped significantly in many regions. Around 6.5 lakh bags of mustard arrived in markets across the country, which is considered lower than normal levels. Due to limited supply, competition among buyers has increased sharply.

Large processing plants and edible oil companies are actively purchasing mustard at higher rates, which is further supporting the market.

Mustard Prices in Major Markets of Rajasthan

Rajasthan continues to remain one of the key mustard-producing states, and several mandis have reported strong prices.

• Kesarisinghpur Mandi, Ganganagar - ₹7,313 per quintal

• Beawar Mandi - ₹7,000 per quintal

• Nawalgarh Mandi, Jhunjhunu - ₹6,700 per quintal

• Bassi Mandi, Jaipur - ₹7,644 per quintal

• Suratgarh Mandi, Ganganagar - ₹7,431 per quintal

• Sridungargarh Market, Bikaner - ₹6,850 per quintal

Mustard Prices in Major Markets of Haryana

Mandis in Haryana are also seeing firm mustard prices due to active demand and limited arrivals.

• Kalanwali Mandi, Sirsa - ₹7,315 per quintal

• Adampur Mandi, Hisar - ₹7,400 per quintal

• Ellanabad Mandi, Sirsa - ₹7,545 per quintal

Mustard Prices in Uttar Pradesh Markets

Several markets in Uttar Pradesh have also recorded strong mustard prices.

• Charkhari Mandi, Mahoba - ₹6,000 per quintal

• Chharra Mandi, Aligarh - ₹7,000 per quintal

• Rural Market, Kanpur - ₹7,000 per quintal

• Ujhani Mandi, Badaun - ₹6,500 per quintal

• Sitapur Mandi - ₹7,300 per quintal

• Karvi Mandi, Chitrakoot - ₹7,950 per quintal

• Khairagarh Mandi, Agra - ₹7,400 per quintal

Mustard Prices in Madhya Pradesh Markets

Mustard prices remained stable to strong in major mandis of Madhya Pradesh.

• Vijaypur Mandi, Sheopur - ₹7,350 per quintal

• Lahar Mandi, Bhind - ₹7,335 per quintal

• Alampur Mandi, Bhind - ₹7,405 per quintal

Mustard Prices in Maharashtra Markets

Markets in Maharashtra also reported higher mustard prices.

• Mumbai Market - ₹10,000 per quintal

• Lasalgaon (Niphad) Mandi, Nashik - ₹8,333 per quintal

Main Reasons Behind the Rise in Mustard Prices

Experts say multiple factors are driving the current rally in mustard prices across the country.

Low Arrivals in Mandis: Farmers are selling limited quantities in markets, leading to lower arrivals and tighter supply conditions.

Strong Demand for Mustard Oil: Demand for mustard oil remains strong in the edible oil market, supporting higher prices for mustard seeds.

Stock Holding by Farmers and Traders: Many farmers and traders are holding their stocks in anticipation of further price increases in the coming days.

Aggressive Buying by Processing Plants

Large crushing and processing companies, including Saloni, are continuously buying mustard at higher prices, creating strong demand pressure in the market.

What Should Farmers Do?

Market experts advise farmers to closely monitor price trends if they still have good-quality mustard stock. If supply remains under control and edible oil demand stays strong, prices may rise further.

Farmers who do not need immediate cash may consider waiting and observing the market movement before selling their produce.

Impact on Agri Commodities and Edible Oil Sector

The ongoing rally in mustard prices could also impact the edible oil and agri-commodity sectors. Rising mustard rates are being seen as a positive sign for oil processing companies and businesses linked to the edible oil industry.

The current bullish trend is expected to provide better earning opportunities for farmers, traders, and processing companies.

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CMV360 Says

Mustard prices across India are witnessing a strong rally due to low arrivals, rising edible oil demand, and aggressive buying by major plants. With prices nearing ₹8,900 per quintal at Saloni plant, farmers may get better returns in the coming days. Experts believe that if supply remains tight and demand stays firm, the bullish trend in mustard prices could continue further.