| Indian Mustard Meal & Oilcake Price Outlook Summary | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17-June-2026 |
Mustard oilcake prices are expected to stay firm during June–August 2026, supported by a 3% YoY rise in consumption to 1.49 MMT and substitution demand from costlier protein meals like soybean and groundnut meal. Tightening stocks, with ending inventories likely down ~10%, along with steady feed sector demand, will keep supply conditions supportive. However, easing US–Iran tensions and expected softness in crude prices may pressure the veg oil complex, potentially leading to some correction in seed and meal prices. |
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| Rapeseed Meal Jaipur Spot INR/MT | Kandla Mustard Meal FAS USD/MT | Rapeseed Oilcake Jaipur Spot INR/Qtl | ||||||||||||||
| Last Close | 23800 | 268 | 3085 | |||||||||||||
| Change | -400 | 0.00 | -15 | |||||||||||||
| Price Direction & Range | Prices are likely to hold below INR 24200 on any recovery & trade lower towards INR 23000 level in the coming week. | Prices are likely to hold below INR 3110 & trade lower towards INR 3050 level in the coming week. | ||||||||||||||
