Indian Soybean Arrivals Decline as Plant Rates Remain Stable

Mumbai, Jul 13 (Commodities Control) - The Indian soybean market is experiencing a significant decrease in arrivals attributed to stable plant rates.

Total soybean arrivals across the country have reached 100,000 bags, with Madhya Pradesh, the leading soybean producer in the country, contributing 40,000 bags. Maharashtra reported a substantial arrival of 50,000 bags, while Rajasthan reported 5,000 bags. The remaining states collectively accounted for an additional 5,000 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 4,250 to Rs 4,450 per quintal. Maharashtra observed price fluctuations, hovering between Rs 4,300 and Rs 4,450 per quintal, while Rajasthan reported prices ranging from Rs 4,300 to Rs 4,450 per quintal
Turning our attention to soybean plant prices, Madhya Pradesh reported prices in the range of Rs 4,500 to Rs 4,600 per quintal. In Maharashtra, plant prices displayed variability, fluctuating between Rs 4,550 and Rs 4,650 per quintal. In Rajasthan, plant prices were recorded in the range of Rs 4,525 to Rs 4,575 per quintal.