The mustard market has remained range-bound over the past month, with Jaipur mustard (42% condition) prices hovering around ₹7,900�8,000 per quintal. Despite repeated attempts, the market has failed to establish a sustained rally above this level, as profit booking at higher prices and strong buying interest at lower levels have kept prices confined within a narrow trading band. Market participants note that the geopolitical premium triggered by the Iran�U.S. conflict has largely faded, and prices are now expected to be driven primarily by domestic and global supply-demand fundamentals. On June 29, Jaipur mustard (42% condition) settled at ₹7,950 per quintal, up ₹25 from the previous session. Bharatpur prices gained ₹29 to close at ₹7,500 per quintal, while Charkhi Dadri rose ₹50 to ₹7,650 per quintal. Saloni plants at Kota and Alwar quoted mustard at ₹8,650 per quintal, while Shamshabad stood at ₹8,725 per quintal. Daily arrivals across the country increased to approximately 450,000 bags. At processing plants, Goyal Kota quoted ₹7,850 per quintal, Agra BP ₹8,260, and Agra Sharda ₹8,170 per quintal. Kachi Ghani mustard oil traded at ₹1,591 per 10 kg in Jaipur, ₹1,585 in Bharatpur, and ₹1,595 in both Alwar and Morena. Mustard meal prices stood at ₹3,070 per quintal in Jaipur, ₹3,100 in Bharatpur, ₹3,111 in Sumerpur, and ₹3,020 in Charkhi Dadri. DOC prices were quoted at ₹23,300 per tonne at Mangal Jaipur, ₹24,000 at Mahesh Kota, Mahesh Alwar, and Morena, while RDG traded at ₹23,800 per tonne. Global edible oil markets continue to witness volatility. Kuala Lumpur crude palm oil (KLC) futures and CBOT soybean oil have faced selling pressure in recent sessions, whereas crude oil prices have shown signs of recovery. Although tensions between Iran and the United States have eased, geopolitical risks remain, leaving room for the return of a war premium in edible oils if the situation deteriorates again. However, market sentiment is currently being shaped more by underlying demand and supply dynamics than by geopolitical developments. On the domestic front, edible oil demand remains relatively subdued, but the progress of the monsoon across most parts of India is expected to support consumption in the coming weeks. As weather conditions improve and preparations for the festive season begin, demand for edible oils is likely to strengthen over the next two to three weeks, providing support to mustard oil and mustard seed prices. At the same time, lower production, limited farmer-held stocks, and tightening market availability continue to reinforce the bullish long-term fundamentals of the mustard market. From a trading perspective, analysts believe that any decline in Jaipur mustard prices towards ₹7,600 per quintal, driven by weak demand or pressure from global markets, should be viewed as a long-term buying opportunity rather than a cause for concern. The ₹7,600 level is expected to act as a strong support. On the upside, a sustained move above ₹8,000 per quintal would signal renewed bullish momentum, opening the way for the next resistance at ₹8,250. If market conditions remain favorable, prices could potentially test ₹8,500 per quintal by the Diwali season. While the market is expected to remain range-bound in the near term, strong underlying fundamentals continue to support a positive long-term