India's mustard oil market is facing stiff volatility in the wake of festive demand, low production, and shifts in global trade. Government actions, such as the imports of canola and possible duty reductions, are sought to stabilize prices, yet the supply tightness continues. Export momentum, particularly to China, is engulfing domestic production and exerting pressure on world prices. In the US, increasing demand and extended lead times are propelling the cost of mustard oil upwards, as Indian manufacturers and retailers rethink tactics amid regulatory pressures and changing consumer opinion.
