IndiaMART Market Watch - Indian Finance & Investment Guide
Finance@IndiaMART.Com - Go to The Home Page of Finance





Export & Import
Market Watch
Taxation
Investment in India
India File
Establishing New Ventures
Organizations
General Information
BSE NSE Mutual Funds Commodities GDR's Exchange Rates
COMMODITY EXCHANGES : NCDEX  |  NMCEIL  |  MCX  |  Bullion Market

AGRO PRODUCTS : Basmati Rice  |  Castor Oil  |  Chana  |  Coffee  |  Cotton  |  Crude Oil  |  Gaur  |  Gur   | JeeraJute  |  Maize
Mustard  |  Peas   |  Pepper  |  Red Chilli  |  Rice  |  Rubber  |  Soyabean  |  Sugar  |  Turmeric  |  Urad  |  Wheat

METAL PRODUCTS : Copper  |  Gold  |  Silver  |  Steel


MUSTARD



Mustard a plant of the genus sinapis, a pod-bearing, shrub-like plant, growing wild, and also cultivated in gardens. The little round seeds were an emblem of any small insignificant object. The common mustard of Palestine is the Sinapis nigra. This garden herb sometimes grows to a considerable height, so as to be spoken of as "a tree" as compared with garden herbs.

Mustard producing countries

  • China
  • Canada
  • India
  • Germany
  • France
  • Australia
  • Pakistan
  • Poland
Mustard producing states in India

  • Rajasthan
  • Uttar Pradesh
  • West Bengal
  • Madhya Pradesh
  • Punjab
  • Jammu and Kashmir
Mustard spot markets in India

  • Hapur
  • Alwar
  • Bikaner
  • Jaipur
Peak arrival period for the commodity in these markets is March-May. Major portion of the commodity enters the regulated mandies and is purchased by oilseed crushers.

The prices in the market

Rapeseed prices in the spot market at Hapur, which were at around Rs 12000-13000/ton in 2002, surged to Rs 17000-18000/ton during 2003 owing to sharp decline in production during the 2002-03 crop season. The prices were also seen touching Rs 21000-23000/ton mark during the year.

Mustard production area in India

YEAR AREA
(M.HECTS)
PRODUCTION
(M.TONNES)
YIELD
(KGS/HECT)
% COVERAGE
UNDER IRRIGATION
1 2 3 4 5
1949-50 1.94 0.81 417  
1950-51 2.07 0.76 368 .
1951-52 2.4 0.94 393 .
1952-53 2.11 0.86 408 .
1953-54 2.24 0.87 389 .
1954-55 2.44 1.04 425 .
1955-56 2.56 0.86 336 10.4
1956-57 2.54 1.04 411 13.5
1957-58 2.41 0.93 387 13
1958-59 2.45 1.04 426 13
1959-60 2.91 1.06 365 12.3
1960-61 2.88 1.35 467 12.1
1961-62 3.17 1.35 425 13.2
1962-63 3.13 1.3 417 13.3
1963-64 3.05 0.92 300 16.1
1964-65 2.91 1.47 507 15.2
1965-66 2.91 1.3 446 15.8
1966-67 3.01 1.23 408 20.3
1967-68 3.24 1.57 483 14.8
1968-69 2.87 1.35 469 18.4
1969-70 3.17 1.56 493 23.5
1970-71 3.32 1.98 594 25.2
1971-72 3.61 1.43 396 28.6
1972-73 3.32 1.81 545 26.7
1973-74 3.46 1.7 493 30.4
1974-75 3.68 2.25 612 35.4
1975-76 3.34 1.94 580 31.2
1976-77 3.13 1.55 496 34.4
1977-78 3.58 1.65 460 39.7
1978-79 3.54 1.86 525 39.7
1979-80 3.47 1.43 411 41.9
1980-81 4.11 2.3 560 43.7
1981-82 4.4 2.38 541 44.9
1982-83 3.83 2.21 577 44
1983-84 3.87 2.61 673 46.6
1984-85 3.99 3.07 771 53.3
1985-86 3.98 2.68 674 51.3
1986-87 3.72 2.6 700 51.8
1987-88 4.62 3.45 748 54.7
1988-89 4.83 4.38 906 60
1989-90 4.97 4.13 831 61.6
1990-91 5.78 5.23 904 59.8
1991-92 6.55 5.86 895 63.9
1992-93 6.19 4.8 776 60
1993-94 6.29 5.33 847 59.4
1994-95 6.01 5.76 958 62.4
1995-96 6.55 6 916 66.3
1996-97 6.55 6.66 1017 .
1997-98 7.06 4.71 667 .


STATE-WISE AREA, PRODUCTION AND YIELD OF RAPESEED AND MUSTARD(1997-98)
STATE AREA
(M.HECTS)
% OF TOTAL AREA PRODUCTION
(M.TONNES)
% OF TOTAL PRODUCTION YIELD
(KGS/HECT)
% COVERAGE UNDER IRRIGATION (1995-96)
1 2 3 4 5 6 12
ASSAM 0.28 4 0.15 3.2 554 -
BIHAR 0.1 1.4 0.09 1.9 887 33.3
GUJARAT 0.35 5 0.35 7.4 1013 97.8
HARYANA 0.56 7.9 0.37 7.9 667 66.8
MADHYA PRADESH 0.74 10.5 0.42 8.9 574 45.3
PUNJAB 0.07 1 0.06 1.3 871 87.4
RAJASTHAN 3.28 46.5 2.19 46.5 670 73.4
UTTAR PRADESH 1.2 17 0.71 15.1 593 75.2
WEST BENGAL 0.33 4.7 0.25 5.3 767 85.2
OTHERS 0.15 2.1 0.12 2.5 . .
ALL-INDIA 7.06 100 4.71 100 667 66.3


Factors influencing the prices

  • Various supply-demand factors revolving around the global edible oil scenario.
  • The seasonal nature of the production
  • Its high susceptibility to natural fallacies
  • Wide consumption of its derivatives (oil and meal)
  • The nature of the existing supply
  • Value chain
  • The present dependence on the other edible oils
  • Oilseeds traded in the country and abroad
  • The ups and downs in production
  • Arrivals in the mandi
  • International prices of other oilseeds and oils
  • Heavy presence of speculators and stockists
  • The presence of a large unorganised crushing sector
Mustard producing climate

Mustard is cultivated in most temperate climates. It is also now grown in certain tropical and sub-tropical regions as a cold-weather crop. The production from Rajasthan is highly monsoon dependent.

Sowing period: October-November

Harvesting period: February - March

Production and Consumption

The World production has increased from 26.8 million tons in 1993-94 to 36.54 million tons in 2001-02; production

Consumption of this oilseed grew at the rate of 4.65% and 5.03% respectively during the last decade. Annual export trade of rapeseed stands at around 3 million tons.

The commodity has been commercially exploited in the form of seeds, oil and meal. The hybrid form of rapeseed known as canola in overseas market is more popular internationally. Rapeseed, as 'canola' is actively traded at the Winnipeg Commodity Exchange (WCE) in Canada.

The Indian Scenario

Rapeseed has been a traditionally important oilseed crop in the country. Its production has been fluctuating in the range of 4.6-5 million tons over the last few years.

The average production in the country in the last decade has been around 5.3 - 5.4 million tons. About 1.5 lakh tons is retained for sowing and direct consumption as 'seed', leaving about 4.8-5.1 million tons for crushing and extracting oil. It is a major Rabi crop. Rajasthan and Uttar Pradesh are the major rapeseed producing States in the country. Together, they produce about 50% of the crop.

Rapeseed/Mustard is one of the major sources of oil and meal to India. It supplies over 1.5 million tons of oil and 3-3.2 million tons of meal.

Being an important source of edible oil and feed meal to the country, rapeseed is undoubtedly the focus of Indian oilseed industry. Efforts are being made both by the Government of India and the industry associations to increase production of this vital source of edible oil and meal.

Properties

Mustard seeds eliminate the excessive humours of phlegm and bile in the body. It is sharp, hot, an appetizer and causes plethora. It is beneficial in many diseases like eczema, leprosy, flatulence, and throat diseases. It also helps in the elimination of the worms and the intestines.

Uses

  • Eating Mustard seeds, which are crushed in honey, cures coryza.

  • Swallowing mustard seeds soaked in mustard oil, cures stomachache. Swallowing three grams of powdered mustard seeds with water, cures stomachache as well as indigestion

  • Drinking water which is warm and in which, 6 grams of mustard seeds and salt are mixed, extracts poison from the body in the form of vomit.

  • If the mixture of three grams of powdered mustard seeds and three grams of asafoetida is given to a pregnant woman she gets aborted.

  • If a paste made of powdered mustard seeds and powdered mineral salts is applied on the part which is affected by swelling, it decreases.

  • Massaging the body with mustard oil is very beneficial as it cures flatulence and makes the body strong.
Note - Mustard seeds when taken in small quantity, helps in digestion, is an appetizer, a stimulant etc; but its excessive use causes vomit.




IndiaMART

Search B2B Marketplace
Business Marketplace
Wholesale Catalogs
Industry Portals
Travel to India Send Gifts to India