Mumbai, April 24 (Commodities Control) - The Indian soybean market is witnessing a significant decrease in arrivals, despite no change in plant rates.
Total soybean arrivals have reached 215,000 bags, with Madhya Pradesh, the leading soybean producer, contributing 90,000 bags. Maharashtra reported a substantial arrival of 100,000 bags, while Rajasthan reported 13,000 bags. The remaining states collectively accounted for an additional 12,000 bags in cumulative arrivals.
Various mandis across the country have witnessed variations in soybean prices, reflecting regional dynamics. In Madhya Pradesh, soybean prices ranged from Rs 4,550 to Rs 4,650 per quintal. Maharashtra observed price fluctuations, hovering between Rs 4,500 and Rs 4,650 per quintal, while Rajasthan reported prices ranging from Rs 4,650 to Rs 4,675 per quintal.
Soybean plant prices also displayed variability. In Madhya Pradesh, prices were in the range of Rs 4,725 to Rs 4,825 per quintal. Maharashtra saw plant prices fluctuating between Rs 4,700 and Rs 4,800 per quintal, while in Rajasthan, prices ranged from Rs 4,725 to Rs 4,775 per quintal.
(By Commoditiescontrol Bureau: +91-98201 30172)
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