Mustard Holds Steady Near ₹7188/quintal in Rajasthan — July 2026 Mandi Price Analysis

Mustard Market Snapshot: Rajasthan, July 2026

Mustard averaged ₹7,188/quintal across Rajasthan mandis in July 2026, a marginal dip of 0.68% month-on-month. That is the story of the month in one line: not a rally, not a slump, just a market holding its ground within a tight band. For a commodity that can swing sharply on procurement news or a sudden arrivals surge, this kind of quiet print is itself informative — it tells you supply and demand were roughly matched through July.

The median settled at ₹7,200/quintal, sitting almost on top of the average. When mean and median converge this closely, it usually means the price distribution wasn’t skewed by a handful of outlier mandis pulling the number up or down. That’s a sign of a market trading in consensus rather than one distorted by isolated local shortages or gluts.

Reading the Spread: How Wide, How Steady

The month’s range ran from ₹4,950/quintal at Sriganganagar (Grain) to ₹8,175/quintal at Niwai — a spread of ₹3,225. That’s a wide band in absolute terms, but volatility for the month came in at just 3.97%, which is a low reading for an oilseed market. The takeaway: the extremes at either end were exceptions, not the norm. Most of the 249 data points logged through July clustered much closer to the ₹7,000–7,800 zone than to either tail.

Low volatility alongside a wide min-max range is a pattern traders should recognise — it usually points to one or two mandis (often smaller centres with thinner volumes or different grain quality/moisture specs) trading well off the mainstream curve, while the bulk of the state’s markets moved in a narrow, predictable channel. Sriganganagar’s grain-variety quote likely reflects quality or contract-specific factors rather than a broader regional weakness.

Where the Action Was: Strongest and Weakest Mandis

Niwai claimed the month’s peak average, and it also features among the state’s strongest performing markets overall. The top-market table below shows a tight cluster at the premium end — Pahari led at ₹7,800, with Niwai, Lalsot, Mandawari and Chaksu all bunched within roughly ₹150 of each other. That kind of tight grouping at the top suggests these mandis share similar demand dynamics this month, rather than one location running away on a local supply squeeze.

At the other end, Sriganganagar (Grain) stood apart as the clear laggard, pulling the state’s minimum well below where most other markets were trading. The gap between Sriganganagar’s ₹4,950 and Niwai’s ₹8,175 — over ₹3,000/quintal — is the widest single-mandi divergence in this dataset, and it’s worth flagging for anyone sourcing or selling across multiple centres this month.

Metric	Value (INR/quintal)
Average Price	7,188
Median Price	7,200
Minimum Price (Sriganganagar – Grain)	4,950
Maximum Price (Niwai)	8,175

Top 5 Mandis by Average Price:

• Pahari — ₹7,800
• Niwai — ₹7,718
• Lalsot — ₹7,658
• Mandawari — ₹7,653
• Chaksu — ₹7,600

What’s Likely Behind the Stability

A few considerations help explain why July held so steady. Post-harvest arrivals from the earlier rabi mustard crop typically taper by mid-year, which tends to ease the downward pressure that fresh, high-volume arrivals usually bring. With less new stock flooding mandis, sellers have less incentive to discount aggressively, and buyers face less urgency to chase prices lower.

Demand-side, mustard oil crushing units and stockists generally maintain steady offtake through the monsoon months as festival-season buying starts to get planned for later in the year — this kind of routine procurement can act as a floor under prices even without any dramatic demand spike. Government or institutional buying activity, where it occurs, can also add a stabilising influence on regional averages, though the specific extent of any such support isn’t captured in this dataset and shouldn’t be assumed.

The narrow spread among the top five mandis — all within roughly ₹200 of each other — suggests fairly uniform trader sentiment across central and eastern Rajasthan markets like Pahari, Niwai, Lalsot, Mandawari and Chaksu. That’s consistent with a market where information and price signals are moving efficiently between mandis, rather than one where isolated pockets are running hot or cold independently.

Outlook: What to Watch Next

For traders and procurement teams, the near-term picture is one of watchfulness rather than urgency. With volatility this low, sharp near-term repricing looks less likely unless a fresh trigger emerges — whether that’s a shift in crushing demand, a change in arrival patterns, or new procurement activity. Keep an eye on whether Sriganganagar’s discount narrows or persists; if it’s a quality-specific issue, it may stay isolated, but if it starts spreading to neighbouring mandis, that would signal a genuine change in regional sentiment worth reacting to.

What this means for you this week: if you’re transacting near the state average, there’s little reason to rush — the market isn’t signalling an imminent breakout in either direction. But if you’re buying or selling through Sriganganagar specifically, cross-check rates against a nearby mandi like Niwai or Chaksu before committing, given the unusually wide gap this month.

Prices are indicative; please verify at your local mandi.

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