India Edible Oil
Mustard dn; soybean, groundnut unch; downtrend to persist
This story was originally published at 17:32 IST on 9 July 2025
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By Taniva Singha Roy
MUMBAI – Prices of mustard fell in key markets, while those of soybean and groundnut were steady, traders said. Prices are likely to remain on the downtrend owing to lower demand for domestically produced edible oils, they said.
Prices of MUSTARD seed in Jaipur, Rajasthan, were down INR 25 at INR 7,150-INR 7,175 per 100 kg, according to commodities trader Marudhar Trading Agency. Arrivals of the oilseed across the country were down at 375,000 bags from 400,000 bags the previous day, said Rajesh Patel of GGN Research.
SOYBEAN prices in Ratlam, Madhya Pradesh, were steady at INR 3,900-INR 4,300 per 100 kg, local trader Narendra Porwal said. Arrivals were slightly lower at 3,200 bags, down 100 bags from the previous day (1 bag = 100 kg), he said. According to experts, soybean prices are expected to decline as demand shifts to the more affordable palm oil.
Palm oil is trading at a discount of $90–$100 per tonne compared to soybean oil, according to media reports. In June, India imported over 800,000 tonnes of palm oil, making it one of the most cost-effective edible oil options.
GROUNDNUT prices in Ratlam were steady at INR 4,700-INR 5,700 per 100 kg, with arrivals down at 1,400 bags from 1,900 bags Tuesday, Porwal said. Like soybean, groundnut prices are expected to decline in the medium term on weak demand due to increasing availability of cheaper imported palm oil, commonly used as a substitute for groundnut oil in cooking.
COMMODITY | MARKET | PRICE (INR/100 kg) | CHANGE (in INR) |
Mustard | Jaipur | 7,150-7,175 | (-)25 |
Soybean | Ratlam | 3,900-4,300 | -- |
Groundnut | Ratlam | 4,700-5,700 | -- |
End
Edited by Nishant Maher
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