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Informist, Thursday, Sept. 4, 2025

By Taniva Singha Roy

MUMBAI – Prices of most oilseeds were mixed in key commodity markets Thursday as heavy rainfall in central and northwest India affected both the quality and arrival of seeds, traders said. Several markets in central India were shut due to heavy rainfall, according to traders. Central and northwest India got more than double the normal rainfall on Thursday.

GROUNDNUT prices at Gondal in Gujarat were steady at INR 4,300-INR 5,100 per 100 kg, Ashok Virvani, a local trader, said. Arrivals of the oilseed were at 5,700 bags, down from 8,310 bags the previous day, he said. "Due to heavy rainfall, arrivals have reduced and the quantity arriving is full of moisture content," Virvani added.

Meanwhile, Indonesia has stopped importing groundnuts from India due to the high proportion of aflatoxin found in them. This is likely to severely affect Indian exports, according to media reports. Aflatoxins are a family of toxins produced by certain fungi that are found on agricultural crops and pose health risks.

Indonesia is one of the major importers of Indian groundnuts. With the suspension, the export business is expected to face a major setback, leading to losses to farmers and exporters, Virvani said.

In Ratlam in neighbouring Madhya Pradesh, prices of groundnut were steady at INR 4,700-INR 5,700 per 100 kg and arrivals were at 1,100 bags, down from 1,400 bags the previous day, Narendra Porwal, a local trader, said. Arrivals were lower due to heavy rainfall in the state. Most markets, apart from the private markets, were shut in Madhya Pradesh on account of the heavy rainfall, he said. Demand for the Navaratri festival will start next month and the new crop will start arriving in the market in the next 15 days, Porwal said.

SOYBEAN prices in Gondal rose by INR 100 to INR 3,800-INR 4,300 per 100 kg, said Virvani. Arrivals were at 10,900 bags (1 bag = 50 kg), down from 15,400 bags the previous day. In Ratlam, soybean prices were steady at INR 3,900-INR 4,500 per 100 kg. Arrivals were at 3,300 bags same as the previous day, Porwal said.

Prices of MUSTARD seed at Jaipur in Rajasthan were steady at INR 7,350-INR 7,375 per 100 kilograms after rising by INR 100 the previous day, according to Marudhar Trading Agency. Arrivals of mustard seed across the country were at 250,000 bags (1 bag = 50 kg), the same as the previous day, according to GGN Research.

Mustard prices rose at Kota in Rajasthan by INR 250 to INR 6,750 per 100 kg due to good demand from millers, as the arrivals had lower moisture content, Mahesh Sameriya, a local trader, said. Arrivals were at 6,000 bags, up from 4,000 bags the previous day, he said. "There is going to be firm demand a few days before the Navratri festival, when prices can rise (by) up to INR 500," Sameriya said.

End

Edited by Saji George Titus

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