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Mustard Seed June July 08 Prices

(Indicative Mustard Commodity Prices in US$ PMT FOB port, India)

30th July - US$ 740-770
The softening of crude prices pulled down mustard oil alongwith soy oil bringing the prices of mustard seed downwards. The mustard in India mainly follows the movements of soybean.

18th July - US$ 765-790

5th July - US$ 785-810


The mustard prices moved up in conjunction with soybean as prices of all edible oil in local market are up taking the inflation to around 12%. This year the oilseeds production is expected more than last year but yet prices may not cool down as India is the biggest importer of edible oil whose prices in International market are shooting up.

27th June - 775-800
The mustard prices showed drop during this week to recover to some extent mirroring soybean's upward trend. The mustard prices may not remain depressed for longer period as its futures are following soybean future's strong movement.

19th June - 795-825
Mustard is right now mirroring soybean's movement which is going upwards. Mustartd oil and meal are also going north right now.

17th June - US$ 790-820
The mustard prices were once again up moving in conjunction with soybean and Malaysian palm oil and due to good crushing demand as oilmeals prices are firm nowadays..

13th June - US$ 780-810

The mustard prices have shown the jump alongwith soybean. Oilseeds mainly move in conjunction with soybean. Also this year the mustard seed crop is less compared to last year keeping the prices high.

7th June
Mustard - US$ 750-780

It is more or less on the same level.

3rd June
Mustard Seed - US$ 745-775
The mustard prices are up mainly due to low arrivals in the markets. Some community agitation is going on in the major mustard growing state of India so the supply of it is not smooth right at the moment. The prices may tend to lower down once the things are back to normalcy in mustard region.

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