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Informist, Tuesday, Oct. 14, 2025

By Devanshi Verma

NEW DELHI – Prices of oilseeds were mixed in key domestic spot markets on Tuesday. Mustard seed prices were down in most markets due to low miller demand. Surplus inventory is also weighing on prices, traders said. Prices of soybean rose in one market due to active demand from the dairy sector, while these held steady in another market. Groundnut prices held steady in Madhya Pradesh's Ratlam, traders said.

MUSTARD seed prices in Kota, Rajasthan, fell by INR 150 to INR 6,350 per 100 kg, Mahesh Sameriya, a local trader, said. Arrivals in the market stood at 7,000 bags (1 bag = 50 kg), unchanged from the previous day, he added. Millers are switching to cheaper sunflower and soybean seeds, which is affecting the demand for mustard, traders said. 

In Guna, Madhya Pradesh, prices of mustard seed stood at INR 6,200 per 100 kg, down INR 200 from the previous day, according to Ramdana and Sons, a local trading agency. Arrivals stood at 200 bags (1 bag = 100 kg), down 400 bags from Monday, an agency trader said. "Even the government inventory is not selling," a local trader from Kota said. 

In Jaipur, Rajasthan, prices stood at INR 7,050-INR 7,075 per 100 kg, the same as the previous day, according to Marudhar Trading Agency. Mustard seed arrivals across the country were at 285,000 bags (1 bag = 50 kg), down 195,000 bags from Monday, according to GGN Research. Currently, markets are flooded with arrivals as farmers are selling off their old crop and preparing for the new harvest season, market participants said. Mustard is a rabi crop that is usually sown in October and November and harvested in February and March.

SOYBEAN prices in Kota rose INR 50 to INR 4,350 per 100 kg, Sameriya said. Arrivals stood at 18,000 bags (1 bag = 50 kg), up 1,000 bags from the previous day, he added. The uptick in prices in Kota was because of active demand from the dairy sector, a trader said. "Dairy companies like Mother Dairy and Modern Dairy are actively procuring soybean seeds from the markets," he added. However, Sameriya said that demand for soymeal for cattle feed is poor, which could weigh on prices. Soymeal is a protein-rich byproduct of soybean oil extraction.

In Ratlam, soybean prices were steady at INR 2,400-INR 4,600 per 100 kg, Narendra Porwal said. Arrivals stood at 5,100 bags (1 bag = 50 kg), the same as the previous day, he added. 

Prices of GROUNDNUT in Ratlam held steady at INR 3,000-INR 5,100 per 100 kg, Porwal said. Arrivals remain unchanged at 27,000 bags (1 bag = 50 kg), same as the previous day, he added. In Neemuch, Madhya Pradesh, prices of groundnut ranged from INR 4,000-INR 4,800 per 100 kg, depending on the variety, traders said. The new arrivals coming into the markets are of mixed quality, traders said.

End

Edited by Deepshikha Bhardwaj

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