INDIAN MARKET SENARIO OF MUSTARD SEED

Indian market of Mustard seed

  India does not imports or exports rape/mustard seeds. It was not into imports of rape/mustard oil also but now it has started importing it due to a fall in production of oil and oil seeds. The oil is not exported, as it does not match with the international quality standards. India is an exporter of mustard/rape oil cake and exports around 4 lakh tons of cake annually. The countries that import rape/mustard oil cake from India are: -

• Bangladesh
• China
• Italy
• Japan
• Malaysia
• Thailand

  Market Influencing Factors

• Prices and demand-supply pattern of other edible oils in the country and abroad
• Monsoon in the country
• Pests and diseases and other environmental factors
• Speculation and Hoarding
• Consumption of the by-products
• Production fluctuations

  In India, mustard/rape and its by products are traded at

• Alwar (Rajasthan)
• Bharatpur (Rajasthan)
• Kota (Rajasthan)
• Jaipur (Rajasthan)
• Ganganagar (Rajasthan)
• Bikaner (Rajasthan)
• Delhi
• Hapur (Uttar Pradesh)
• Kanpur (Uttar Pradesh)
• Kolkata (West Bengal)
• Burdwan (West Bengal)
• Mumbai (Maharashtra)
• Indore (Madhya Pradesh)

   Rape/Mustard is traded in Indian commodity exchanges namely-

•  National Commodity & Derivatives Exchange ltd
• Multi Commodity Exchange of India ltd 
• National Multi Commodity Exchange of India ltd 
• National Board of Trade, Indore