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Informist, Monday, Sept. 29, 2025

 

By Taniva Singha Roy

 

MUMBAI – Mustard prices were mixed while groundnut prices declined across key markets in the country, traders said. Soybean prices remained steady but are likely to fall in the coming days as harvesting progresses and new crops arrive in the markets, they added.

 

 

MUSTARD prices in Jaipur, Rajasthan, fell by INR 100 from Thursday to INR 7,175-INR 7,200 per 100 kilogram, according to Marudhar trading agency. The all India arrivals of mustard were at 300,000 bags, according to GGN research.

 

 

In Kota, mustard prices were up INR 50 per to INR 6,550 per 100 kg, said Mahesh Sameriya, a local trader. Arrivals were at 6,000 bags, up 1,000 bags from the previous day, he said. Prices rose on higher demand for mustard seeds, he said. However, traders are actively selling to clear out stocks, which could weigh on prices, he said.

 

SOYBEAN prices in Ratlam, Madhya Pradesh, were steady at INR 2,900-INR 4,500, and arrivals were at 8,800 bags, up from 7,000 bags (1 bag = 50 kg) the previous day, said Narendra Porwal a local trader. Prices however, varied depending on the quality, he said. Soybean with a higher moisture content and covered in soil were sold around INR 3,000 or below while those which were drier or had less than 15% moisture content were sold around INR 4,000 and above.

 

Porwal said harvesting has been ongoing for the past 15 days and will continue till Oct. 15. "Early-maturing variety crops were harvested in the past 15 days while the later maturing varieties are yet to be harvested," he added. Meanwhile, India imported 500,000 tonnes of soyoil from Argentina after the latter suspended exports duty temporarily for a few days. Higher imports of soyoil is likely to reduce demand from millers for domestic soybean for crushing. 

 

Argentina temporarily removed export duties on soybean and its by-products on Monday to incentivise foreign currency inflow after a prior period of permanent reduction in July and temporary cuts in January. The suspension was set to last through the end of October or until declared exports reached $7 billion. On Wednesday, however, the country reimplemented the taxes on these commodities as exports hit the target of $7 billion in just two days. 

 

In Gondal, Gujarat, soybean prices held steady at INR 3,700–INR 4,000, said Ashok Virvani, a local trader. Arrivals were at 114 bags (1 bag =50 kg), down from 90 bags the previous day, he said.

 

Prices of GROUNDNUT in Ratlam were down INR 600 at INR 4,100–INR 5,300 per 100 kg, the same as the previous day, Porwal said. Arrivals were at 4,600 bags, up from 2,300 bags the previous day. In Gondal, prices fell INR 100 to INR 4,000–INR 5,100, from the previous day. Arrivals stood at 1,583 bags, rising from 1,065 bags (1 bag = 30 kg) the previous day.

 

COMMODITY	MARKET	PRICE (INR/100 kg)	CHANGE (INR)
Mustard	Jaipur	7,175-7,200	(-)200
Mustard	Kota	6,550	50
Soybean	Ratlam	2,900-4,500	--
Soybean	Gondal	3,700-4,000	--
Groundnut	Ratlam	4,100-5,300	(-)600
Groundnut	Gondal	4,000-5,100	(-)100

 

End

 

Edited by Subhojit Sarkar

 

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