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Informist, Tuesday, Mar. 24, 2026

By Taniva Singha Roy

MUMBAI – Mustard seed prices fell in the key market of Jaipur as demand was subdued at high prices, traders said. Soybean and groundnut prices were steady in key markets, they said. Mustard seed and groundnut prices are likely to increase in the coming days due to concern about lower output, traders added.

MUSTARD seed prices in Jaipur fell by INR 25 per 100 kilograms to INR 7,150-INR 7,175 as prices had risen by INR 225 on Friday and there was weak demand at those prices, according to Marudhar Trading Agency. Mustard seed arrivals across the country were at 1.05 million bags (1 bag = 50 kg), down from 1.1 million bags the previous day, according to GGN Research. But there are concerns of lower mustard output, which is likely to support prices in the near term, traders said. 

Mustard is a key oilseed and plays a critical role in the domestic edible oil balance. Changes in mustard production, stock availability, and global edible oil prices directly influence domestic oil prices, crusher margins, and farmer income, according to Kedia Advisory.

In Kota, Rajasthan, mustard seed prices were steady at INR 6,550 per 100 kg, said Mahesh Sameriya, a local trader. However, a lower production outlook could lead to prices surging, Sameriya said. Arrivals were at 22,000 bags, the same as the previous day, he said.

SOYBEAN prices in Ratlam were steady at INR 2,850-INR 5,850 per 100 kg, after rising by INR 100 the previous day due to firm demand from millers, said Narendra Porwal, a local trader. Arrivals in the Ratlam market were at 2,300 bags (1 bag = 40 kg), same as the previous day. In Kota, too, soybean prices were steady at INR 5,450 per 100 kg, Sameriya said. Arrivals in Kota were at 12,000 bags, the same as the previous day, he added.

GROUNDNUT prices in Ratlam were steady at INR 3,250-INR 8,200 per 100 kg, ater rising by INR 100 the previous day on firm demand amid concern of lower output. Arrivals were at 3,700 bags (1 bag = 30 kg), same as the previous day. Groundnut prices could rise in the near term due to concern about lower output, traders said.

End

Edited by Akul Nishant Akhoury

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