We are facing issue with Streaming Exchanges Pages, Please use other pages for timing, Inconvenience Regretted.
login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Indian Soybean Arrivals Decline Due to Falling Plant Rates

1 Mar 2024 1:34 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai, March 01 (Commodities Control) - The Indian soybean market is witnessing a significant decrease in arrivals attributed to a decline in plant rates.

Total soybean arrivals across the country have reached 285,000 bags. Madhya Pradesh, the leading soybean producer, contributed 125,000 bags, while Maharashtra reported a substantial arrival of 135,000 bags, and Rajasthan reported 15,000 bags. The remaining states collectively accounted for an additional 10,000 bags in cumulative arrivals.

Various mandis across the country have seen variations in soybean prices, reflecting regional dynamics. In Madhya Pradesh, soybean prices ranged from Rs 4,400 to Rs 4,600 per quintal. Maharashtra observed price fluctuations, hovering between Rs 4,400 and Rs 4,600 per quintal, while Rajasthan reported prices ranging from Rs 4,400 to Rs 4,550 per quintal.

Regarding soybean plant prices, Madhya Pradesh reported prices in the range of Rs 4,600 to Rs 4,700 per quintal. In Maharashtra, plant prices displayed variability, fluctuating between Rs 4,650 and Rs 4,750 per quintal. In Rajasthan, plant prices were recorded in the range of Rs 4,600 to Rs 4,650 per quintal.


The decrease in soybean arrivals coupled with the plant rate decline suggests potential challenges for the soybean market in the coming period.


(By Commoditiescontrol Bureau: +91-98201 30172)

       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
Cotton Arrivals Reach 48,800 Bales Across Major Produci...
Cotton Prices Remain Consistent in Karnataka; Daily Arr...
Cotton Prices Stable in Andhra & Telangana; Daily Arriv...
Cotton Prices Hold Steady in Maharashtra Amid Ginning M...
Cotton Prices Decline in MP Amid Weak Procurement; Dail...
more
Top 5 News
Cotton Arrivals Reach 48,800 Bales Across Major Produci...
Cotton Prices Remain Consistent in Karnataka; Daily Arr...
Cotton Prices Stable in Andhra & Telangana; Daily Arriv...
Malaysia''s Apr 1 - 15 palm oil exports rises 28.45 pc...
Cotton Prices Hold Steady in Maharashtra Amid Ginning M...
Top 5 Special Reports
Soybean Meal (Indore) Trending Higher / Next Resistanc...
Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex...
Weekly: ICE raw sugar records loss for second week in a...
Weekly: ICE cotton futures post extend fall for sixth s...
WASDE SOYOIL, SOYMEAL, SOYSEED: April 2024
Copyright © CC Commodity Info Services LLP. All rights reserved.