Mustard prices have fallen by up to ₹500 per quintal from their peak levels, and recent trading trends suggest that the market is searching for its bottom. Traders are apprehensive that, similar to the last two or three years, there may be a significant decline in mustard prices after Diwali this year. However, this year, the stock of mustard is not as high as last year, which may prevent a similar drop. The weak arrivals of mustard confirm that the stock is low. Last year at this time, mustard arrivals were 500,000 bags, but this year, they have consistently been below 300,000 bags. We believe that despite the fearful atmosphere leading to a downward trend, the decline should stop around ₹6,500. While there is no significant bullish trend in the mustard market, the likelihood of a major bearish trend is also minimal. After Diwali, the market may show signs of stability. Holding excessive stock could pose a risk, so it’s advisable for traders to buy and sell according to demand rather than keeping too much stock.