Mumbai, Aug 03 (Commodities Control) – The Indian soybean market is experiencing a significant decrease in arrivals, attributed to the stable plant rate.
Total soybean arrivals across the country have reached 140,000 bags, with Madhya Pradesh, the leading soybean producer in the country, contributing 50,000 bags. Maharashtra reported a substantial arrival of 70,000 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 4,200 to Rs 4,375 per quintal. Maharashtra observed price fluctuations, hovering between Rs 4,200 and Rs 4,325 per quintal, while Rajasthan reported prices ranging from Rs 4,100 to Rs 4,300 per quintal.
Turning our attention to soybean plant prices, Madhya Pradesh reported prices in the range of Rs 4,275 to Rs 4,475 per quintal. In Maharashtra, plant prices displayed variability, fluctuating between Rs 4,400 and Rs 4,500 per quintal. In Rajasthan, plant prices were recorded in the range of Rs 4,300 to Rs 4,350 per quintal.
(By Commoditiescontrol Bureau: +91-98201 30172)
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