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Informist, Wednesday, Dec. 17, 2025

By Taniva Singha Roy

MUMBAI – Mustard seed prices were steady in key markets of the country, while soybean prices rose in Ratlam, Madhya Pradesh, and were steady in another benchmark market, said traders. Groundnut rates rose in Ratlam as arrivals started to fall, they added. Demand for domestic soybean has increased as edible oil import costs have risen, which has led to several refiners cancelling their crude soyoil import contracts as the rupee depreciated. 

MUSTARD seed prices in Jaipur, Rajasthan, were steady at INR 7,225-INR 7,250 per 100 kilograms, according to Marudhar Trading Agency. Prices had increased by INR 50 from the previous day due to higher miller demand and lower arrivals. Mustard seed arrivals nationwide totalled 225,000 bags (1 bag = 50 kg), the same as the previous day, according to GGN Research.

In Kota, mustard seed prices were steady at INR 6,500 per 100 kg due to poor demand at higher rates, Mahesh Sameriya, a trader, said. Arrivals were at 5,000 bags, the same as the previous day, Sameriya added.

SOYBEAN prices in Ratlam rose INR 50 to INR 2,600-INR 4,750 per 100 kg, Narendra Porwal, a local trader, said. Arrivals in the market were at 10,000 bags (1 bag = 50 kg), down 1,000 bags from the previous day, he said. With imports becoming costlier, millers have little choice but to procure domestic oilseeds for crushing, traders said. According to Sandeep Bajoria, chief executive officer of the Sunvin Group, import contracts for about 70,000 tonnes of crude soybean oil in December and January have been cancelled after prices of imported soyoil rose by INR 2 per litre.

In Kota, soybean prices were steady at INR 4,601 per 100 kg after rising by INR 20 the previous day, according to Sameriya. Arrivals fell by 1,000 bags to 24,000 bags, he said.

Prices of GROUNDNUT in Ratlam rose INR 200 to INR 2,700-INR 5,400 per 100 kg, Porwal said. Arrivals fell to 15,000 bags (1 bag = 40 kg) from 18,000 bags the previous day, he said. Prices have started to rise as arrivals have begun to fall, traders said. Groundnut arrivals typically peak in October and November.

End

Edited by Tanima Banerjee

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