Last week, mustard in Jaipur started at ₹6100 per quintal on Monday and closed at ₹6075 per quintal on Saturday evening. During the week, weak demand led to a decline of ₹25 per quintal in mustard prices. The pressure on mustard was due to NAFED's selling and weakness in mustard oil and cake. With limited arrivals in the markets and slow selling by NAFED, Jaipur mustard has managed to hold its support at ₹6025 so far. Heavy rains in several districts of Rajasthan have reduced mustard arrivals. Farmers have cut back on supply, leading mills to face a shortage of mustard. NAFED's selling has been lower than expected, so there are fewer sellers in the market. Given the supply constraints, mills are having to increase prices to secure their requirements. NAFED has sold only about 19,500 tons of mustard in Rajasthan to date. Increased selling by NAFED is unlikely to lead to a major upsurge in prices. Meanwhile, high prices of mustard oil have weakened demand. There could be a rise of ₹1 to ₹1.5 per kilo in mustard oil prices, but without strong demand support, this increase may not be sustainable. There is also a possibility of a ₹4 to ₹5 per kilo decline in mustard oil prices by September. Due to lack of parity, most mills are closed, with only larger mills operating. When the weather improves and arrivals increase, it may further impact prices, so a prolonged uptrend seems unlikely. The expected decline in mustard prices due to NAFED's selling pressure could provide an opportunity for stockists to buy. Before Diwali, there might be a rise of ₹250-300 in mustard prices and ₹7-8 per kilo in mustard oil prices from the lower levels. It is advisable to wait until the end of August or mid-September for purchases and focus on routine trading in the meantime.