India Edible Oil
Mustard, soybean steady; groundnut demand likely to fall
This story was originally published at 22:15 IST on 6 August 2025
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By Taniva Singha Roy
MUMBAI – Prices of mustard and soybean were steady in key markets across the country while prices of groundnut were mixed, said traders. Demand for groundnut is likely to fall due to availability of cheaper palm oil, they said.
Prices of MUSTARD seed in Jaipur, Rajasthan, were steady at INR 7,475-INR 7,500 per 100 kg, according to Marudhar Trading Agency, an agricultural commodity trader. Arrivals of the oilseed across the country fell to 330,000 bags from 365,000 bags the previous day (1 bag = 100 kg), said Rajesh Patel of GGN Research.
SOYBEAN prices in Ratlam, Madhya Pradesh, were unchanged at INR 4,100-INR 4,900 per 100 kg. Arrivals were also steady at 2,500 bags, said local trader Narendra Porwal. In Gondal, Gujarat, soybean prices were steady at INR 3,800-INR 4,300 per 100 kg and arrivals were at 18,800 bags up from 11,280 bags the previous day, local trader Ashok Virvani said.
GROUNDNUT prices in Ratlam were also steady at INR 4,800-INR 6,000 per 100 kg and arrivals were at 1,350 bags, same as the previous day, said Porwal, adding that arrivals will fall hereon due to lesser availability. Due to import of cheaper palm oil, demand for groundnut is likely to fall, said traders.
Prices of groundnut in Gondal, Gujarat fell by INR 200 to INR 4,500-INR 5,300 per 100 kg despite a drastic fall in arrivals of the oilseed. Arrivals of groundnut in the market fell to 600 bags from 6,510 bags seen during the previous day, Virvani said. Arrivals are going to fall hereon as less of the rabi crop is now available, he added.
OMMODITY | MARKET | PRICE (INR/100 kg) | CHANGE (in INR) |
Mustard | Jaipur | 7,475-7,500 | -- |
Soybean | Ratlam | 4,100-4,900 | -- |
Soybean | Gondal | 3,800-4,300 | -- |
Groundnut | Ratlam | 4,800-6,000 | -- |
Groundnut | Gondal | 4,500-5,300 | (-)200 |
End
Edited by Nishant Maher
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