India Edible Oil
Mustard down on sluggish demand; soybean, groundnut steady
This story was originally published at 19:22 IST on 19 August 2025
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By Taniva Singha Roy
MUMBAI – Price of mustard fell in the key market on Tuesday while soybean and groundnut prices remained steady, said traders. The traders attributed the subdued demand for all oilseeds to a slowdown in buying following the Janmashtami festival.
Prices of MUSTARD seeds were down INR 25 at INR 7,475-INR 7,500 per 100 kilograms as demand was subdued after the Janmashthami festival, according to Marudhar Trading Agency, an agricultural commodities trader. Prices fell as millers had stocked up the oilseed ahead of the Janmashthami festival, traders said. Arrivals of the oilseed across the country remained steady at 325,000 bags (1 bag = 100 kg), said Rajesh Patel of GGN Research.
SOYBEAN prices in Ratlam, Madhya Pradesh, were steady at INR 4,400-INR 4,950 per 100 kg. Arrivals were also steady at 2,200 bags. Prices could rise in the coming days due to lower arrivals amid higher demand from millers ahead of festivals, local trader Narendra Porwal said.
GROUNDNUT prices held steady in Ratlam at INR 4,800-INR 6,200 per 100 kg and arrivals were at 1,100 bags, the same as the previous day, said Porwal. Arrivals will fall hereon due to lower availability, he said. However, higher availability of cheaper imported palm oil will lead to lower demand for the oilseed, traders said.
|
COMMODITY |
MARKET |
PRICE (INR/100 kg) |
CHANGE (in INR) |
|
Mustard |
Jaipur |
7,475-7,500 |
(-)25 |
|
Soybean |
Ratlam |
4,400-4,950 |
-- |
|
Groundnut |
Ratlam |
4,800-6,200 |
-- |
End
Edited by Subhojit Sarkar
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