During the past week, a lack of demand led to a decline of ₹50 per quintal in mustard prices. With sufficient supply in the market, mustard is under pressure. Due to weak sowing this season, production is expected to decrease in the next season. The decline in production may cause supply issues for mills before the new crop arrives. Despite the lower quality of government stocks, bids remain high for now. These higher bids have prevented a significant drop in mustard prices. However, as the new season approaches, pressure on mustard prices is expected to increase. Mills currently have sufficient stocks of oil and cake. The pickup of old oil contracts is weak, leading to a currently weak demand for new oil. Mustard oil is currently trading cheaper than palm oil. Given the demand for oil and cake, there is no significant upward price movement expected for mustard in the near future. As mustard oil is cheaper than palm oil and the difference with soybean oil is minimal, the price of mustard oil is expected to remain relatively stable within a limited range. With the possibility of decreased production, mustard’s outlook for the next season remains positive. Jaipur mustard is currently near its support level of ₹6525, and if it falls below this level, prices could further drop to ₹6275.