Weekly Review – Soybean
12-Sep-2026 07:27 PM
Soybean prices improve due to buying by crushing units
New Delhi: Soybean plant-delivery prices saw an improvement of ₹100–200 per quintal during the week of September 5–11, driven by some buying activity from crushing and processing units. Demand and consumption of refined soy oil are expected to rise during the festive season.
Soymeal
Although high prices have dampened soymeal export performance, demand from domestic consuming industries remains strong.
Soybean Sowing
Soybean sowing has largely concluded; the total sown area is trailing last year's figures by approximately one lakh hectares. While Madhya Pradesh and Rajasthan have received good rainfall, concerns regarding the crop persist in Maharashtra and Karnataka due to deficient rainfall.
Plant Prices
Soybean plant-delivery prices are currently hovering between ₹6,000 and ₹6,400 per quintal.
Soy Oil (Refined)
Price fluctuations for refined soy oil remained limited during the week under review due to a lack of significant trading activity. While price variations typically range from ₹3 to ₹5 per 10 kg, fluctuations of ₹10–20 were observed in some regions. Prices improved by ₹5 to reach ₹1,490 per 10 kg in Kota and rose by ₹10 to reach ₹1,460 per 10 kg in Mumbai. A slight upward trend was noted in Haldia, whereas prices remained stable in Kandla.
Market Arrivals
Soybean arrivals in major producing states declined significantly. Arrival volumes were recorded at 45,000 bags on September 5, and 65,000 bags each on September 8 and 10. Each soybean bag weighs 100 kg.
Soybean Meal (DOC)
There is strong demand for soybean meal in the domestic animal and poultry feed manufacturing industries. During the week under review, prices rose by ₹500 to ₹1,500 per tonne; however, exports of soybean meal continue to show a downward trend.