Delhi Market Pulse: Paddy Prices Surge as Wheat and Oilseeds Hold Firm Amidst Shifting Arrivals

The most striking trend is found in the Cereals sector, where Paddy (Common) has emerged as a high-value performer. Despite a set MSP of 2,369.00 per quintal, market prices have consistently hovered above the 4,000.00 mark, peaking at 4,451.00 per quintal. This significant markup coincides with arrival volumes reaching up to 121.80 metric tonnes, suggesting that even with a steady flow of produce, buyer competition remains fierce. Wheat follows a similar, albeit more tempered, trajectory; while the MSP is anchored at 2,425.00 per quintal, market rates have climbed to nearly 2,979.00 per quintal, reflecting a tight supply-demand balance as arrivals dipped from 26.80 to 15.30 metric tonnes in recent tracking intervals.

In the Oil Seeds category, Mustard continues to be a premium commodity for Delhi's traders. Trading at 6,300.00 to 6,700.00 per quintal, it remains comfortably above its 5,950.00 MSP. The volatility in Mustard arrivals—which saw a sharp spike to 8.30 metric tonnes before retreating—indicates a sensitive market where even minor shifts in volume trigger immediate price adjustments. Meanwhile, the vegetable segment, devoid of MSP protections, shows the characteristic volatility of perishable goods. Onion and Tomato prices have stabilized in the range of 1,200.00 to 1,400.00 per quintal, while Potato prices remain the most accessible for consumers, averaging between 700.00 and 800.00 per quintal despite massive arrival volumes exceeding 2,200 metric tonnes.

These market dynamics underscore the vital role of Delhi’s mandis as a barometer for regional food inflation and agricultural health. The fact that primary cereals are trading so far above their support prices suggests that the administrative safety nets are currently being bypassed by a bullish private trade. For policymakers and stakeholders, these figures highlight a period of high realization for farmers bringing produce to the capital, yet they also point toward a tightening retail environment that could influence cost-of-living metrics in the urban center in the coming months.