Indian Soybean Arrivals Decline Amid Stable Oil Prices

Mumbai, May 04 (Commodities Control) - The Indian soybean market is experiencing a significant decline in arrivals, attributed to stable oil prices.
Total soybean arrivals across the country have reached 175,000 bags, with Madhya Pradesh, the leading soybean producer in the country, contributing 70,000 bags. Maharashtra reported a substantial arrival of 85,000 bags, while Rajasthan reported 10,000 bags. The remaining states collectively accounted for an additional 10,000 bags in cumulative arrivals.



Various mandis across the country have witnessed variations in soybean prices, reflecting regional dynamics. In Madhya Pradesh, soybean prices ranged from Rs 4,500 to Rs 4,725 per quintal. Maharashtra observed price fluctuations, hovering between Rs 4,450 and Rs 4,700 per quintal, while Rajasthan reported prices ranging from Rs 4,550 to Rs 4,700 per quintal.



Turning our attention to soybean plant prices, Madhya Pradesh reported prices in the range of Rs 4,725 to Rs 4,825 per quintal. In Maharashtra, plant prices displayed variability, fluctuating between Rs 4,700 and Rs 4800 per quintal. In Rajasthan, plant prices were recorded in the range of Rs 4,725 to Rs 4,775 per quintal.




(By Commoditiescontrol Bureau: +91-98201 30172)