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Indian Soybean Arrivals Stable Amid Steady Plant Rates

25 Jun 2024 1:59 pm
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Mumbai, June 25 (Commodities Control) - The Indian soybean market is experiencing stable arrivals, attributed to steady planting rates across the country.

Total soybean arrivals across India have reached 230,000 bags. Madhya Pradesh, the leading soybean producer, contributed 100,000 bags. Maharashtra also reported a significant arrival of 100,000 bags, while Rajasthan accounted for 15,000 bags. The remaining states collectively added an additional 15,000 bags in cumulative arrivals



Soybean prices have varied across different regions. In Madhya Pradesh, prices ranged from Rs 4,450 to Rs 4,650 per quintal. Maharashtra saw price fluctuations between Rs 4,400 and Rs 4,650 per quintal, while Rajasthan reported prices ranging from Rs 4,450 to Rs 4,600 per quintal.

Regarding plant prices, Madhya Pradesh reported prices between Rs 4,625 and Rs 4,700 per quintal. In Maharashtra, plant prices varied between Rs 4,650 and Rs 4,750 per quintal. In Rajasthan, plant prices were recorded in the range of Rs 4,625 to Rs 4,700 per quintal.

*Commoditiescontrol.com*

       
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