Mustard has been the star of India’s large grain markets with an unheard-of and astounding hike in price. The price has increased for the first time in four years to ₹7,875 a quintal. The sudden surge has sent smiles on the faces of mustard growers and economic ease into their pockets.
In larger business hubs like Jaipur, Kota, Agra, Morena, Sri Ganganagar, and Bharatpur, prices went up in the range of ₹50 to ₹150 per quintal. Not an accident here. It’s part of a bigger wave throughout the whole supply chain.
Why Prices Are Rising
The steep rise in mustard prices is no coincidence. Several real-life situations are in play behind the scenes:
Increased Demand: More mustard oil is being bought by families during the festive season knocking on doors, thus generating market demand.
Decreased Supply: Less bag of supply by farmers. Less supply leads to more rates.
Shopping Spree by Oil Mills: Mustard oil producers are stockpiling early, buying raw seeds in bulk.
International Demand: Indian mustard oil is gaining popularity worldwide. Export orders are squeezing local stocks.
This has created a perfect storm, one which is increasing prices and boosting farmers’ income rapidly.
State-wise Mustard Market Prices (₹ per Quintal)
1. Rajasthan – Jaipur, Sri Ganganagar: ₹7750 – ₹7875
2. Madhya Pradesh – Morena, Gwalior: ₹7650 – ₹7800
3. Uttar Pradesh – Agra, Kanpur: ₹7600 – ₹7750
4. Haryana – Hisar, Bhiwani: ₹7700 – ₹7850
5. Punjab – Patiala, Ludhiana: ₹7650 – ₹7800
6. Uttarakhand – Haldwani, Rudrapur: ₹7550 – ₹7700
7. Gujarat – Ahmedabad, Rajkot: ₹7450 – ₹7600
8. Bihar – Patna, Gaya: ₹7500 – ₹7650
Note: Prices have increased by ₹50 to ₹150, depending on the region and mustard quality.
Tip: Get mandi rates locally on a daily basis for the latest rates.
Kachchi Ghani & Expeller Oils Also Experience Price Hike
Mustard oil prices are also on the rise. Kachchi Ghani and Expeller types are both up by ₹20 to ₹40 per 10 kg. The buyer can have the pinch, but the producers and traders are now finally relieved.
A Win for Farmers – For Now
While shoppers will pay more in the supermarket, farmers are basking in this brief period of good fortune. Relief and hope accompany this boom after decades of poverty wages.
But for how long? No one knows. Meanwhile, mustard sparkles in fields, markets, and farmer pockets.