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Informist, Tuesday, Nov. 11, 2025

 

By Taniva Singha Roy

 

MUMBAI – Prices of mustard rose in Jaipur, Rajasthan, on concern of a supply shortage, said traders. Groundnut and soybean prices were steady in key markets across the country owing to sluggish demand, they said. 

 

MUSTARD seed prices in Jaipur rose INR 50 from the previous day to INR 7,350-INR 7,375 per 100 kg, according to Marudhar Trading Agency. So far in November, mustard seed prices have risen around INR 250 per 100 kg. Arrivals of mustard seed across the country were steady at 250,000 bags (1 bag = 50 kg), according to GGN Research.

 

Prices are up because heavy rainfall in the last week of October has raised the possibility of crop damage, which in turn could lead to a shortage in supply, traders said. Moreover, the new mustard crop will only be havested in February, so prices are likely to remain firm till then, they said.

 

SOYBEAN prices in Ratlam, Madhya Pradesh, were steady at INR 2,200-INR 4,750 per 100 kg, said Narendra Porwal, a local trader. Arrivals were also steady at 8,000 bags (1 bag = 50 kg), he added. Prices were steady owing to reduced demand for soymeal, a byproduct of the extraction of oil from soybean, traders said. Demand for soymeal is low because of the availability of alternative animal feeds such as dried distiller's grains with solubles, they said.

 

Availability of soybean has also increased amid subdued demand, Porwal said. Farmers are getting incentives under the government's Bhavantar scheme, so they are offloading whatever stocks are there in the pipeline, he added. Eight years after shelving it, the Madhya Pradesh government has reintroduced the controversial Bhavantar Bhugtan Yojana intended to support soybean farmers if market prices fall below the minimum support price by compensating them. Introduced in October 2017, the Bhavantar, or price differential, scheme, acts as an alternative to direct procurement by the government by offering compensation to farmers on select crops.

 

Prices of GROUNDNUT in Ratlam were steady at INR 3,100-INR 5,250 per 100 kg, as demand did not pick up, Porwal said. Arrivals were at 26,000 bags (1 bag = 40 kg), up 4,000 bags from the previous day, he added.

 

COMMODITY	MARKET	PRICE (INR/100 kg)	CHANGE (INR)
Mustard	Jaipur	7,350-7,375	50
Soybean	Ratlam	2,200-4,750	--
Groundnut	Ratlam	3,100-5,250	--

 

 

 

 

 

 

End

 

Edited by Rajeev Pai

 

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