Soybean Market Analysis – Prices Continue to Strengthen
11-Nov-2025 05:06 PM
Soybean Market Analysis – Prices Continue to Strengthen
Daily and Weekly Trends
★ Soybean prices have continued to rise steadily across key mandis.
★ Rates increased by ₹50 per quintal in Amravati and Latur, ₹100 in Dewas, and ₹75 in Kota.
★ Weekly gains ranged between ₹40 and ₹250 per quintal, with Amravati showing the sharpest increase.
★ This trend clearly indicates strong demand from crushing plants and active local buying.
★ Refined soybean oil prices also rose by ₹7–₹10 per 10 kg in most centers, reflecting improved consumer and retail demand with the onset of winter.
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Monthly Comparison (November vs October)
★ In Amravati and Latur, prices were higher by ₹350–₹500 per quintal compared to October, indicating a strong month-on-month rise.
★ Dewas saw a minor decline as prices were already high last month, while Kota remained largely stable.
★ Refined oil prices were ₹5–₹20 lower than in October, suggesting that oil mills are managing their profit margins cautiously.
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Seasonal Comparison (November vs September/August)
★ Compared with September and August, soybean prices are higher by ₹125–₹350 per quintal, showing sustained firmness over the past three months.
★ Latur and Amravati recorded the strongest rise of ₹150–₹170 per quintal.
★ Refined oil prices are ₹10–₹20 higher than in August, indicating steady end-user demand.
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★ Crushing plants and traders are actively purchasing soybeans and building up stocks.
★ Traders and stockists have also started holding inventories in anticipation of further price increases.
★ There is growing market sentiment that if NAFED steps up its procurement, open-market availability for processors will decline.
★ This expectation has created a bullish environment, with plants anticipating lower arrivals in the coming weeks.
★ Strong processor demand, limited arrivals, and active stockists are supporting the market.
★ Under these conditions, soybean prices are likely to rise further.