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Indian Soybean Arrivals Remain Stable Amid Consistent Plant Rates

21 Mar 2024 2:23 pm
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Mumbai, March 21 (Commodities Control) - The Indian soybean market continues to experience stable arrivals, a trend largely attributed to consistent plant rates.

Total soybean arrivals across the country have reached 200,000 bags, with Madhya Pradesh, the leading soybean producer, contributing 80,000 bags. Maharashtra reported a substantial arrival of 100,000 bags, while Rajasthan reported 10,000 bags. The remaining states collectively accounted for an additional 10,000 bags in cumulative arrivals.



Soybean prices have shown variations across various mandis. In Madhya Pradesh, prices ranged from Rs 4,400 to Rs 4,550 per quintal. Maharashtra observed price fluctuations between Rs 4,400 and Rs 4,600 per quintal, while Rajasthan reported prices ranging from Rs 4,400 to Rs 4,500 per quintal Plant prices have also demonstrated stability. Madhya Pradesh reported prices in the range of Rs 4,600 to Rs 4,675 per quintal. In Maharashtra, plant prices fluctuated between Rs 4,625 and Rs 4,700 per quintal. Rajasthan's plant prices were recorded in the range of Rs 4,575 to Rs 4,625 per quintal.



(By Commoditiescontrol Bureau: +91-98201 30172)


       
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