Weekly Review-Soybean
13-Sep-2025 07:41 PM
Soybean prices fall sharply due to weak demand from crushers-processors
New Delhi. Due to weak demand from crushing-processing units in the three top producing states- Madhya Pradesh, Maharashtra and Rajasthan and regular sale of government stock, soybean plant, delivery price declined by Rs 100-200 per quintal during the week of 6-12 September.
Price
Its price fell to between Rs 4450-4650 per quintal. Soybean sowing has been completed and its production area has come down by 5.72 lakh hectares from 126.04 lakh hectares last year to 120.32 lakh hectares this time. At some places, the crop has also been damaged by natural calamities. Due to weak domestic market prices, the government may once again be forced to buy huge quantities of soybean from farmers at the minimum support price (MSP) in the marketing season 2025-26, so a vigorous effort is being made by the government agency to dispose of the previous stock.
Soy oil
Despite a sharp softening in soybean prices, the price of soy refined oil either remained stable at the previous level or improved by 5-10 rupees per 10 kg. Refined soy oil is trading normally and foreign news is also not negative for the market. During the week under review, the price of soy refined oil in Kota and Mumbai remained stable at the previous level of Rs 1275 and Rs 1270 per 10 kg respectively, while it improved by Rs 5 in Kandla and Rs 2 in Haldia to reach Rs 1240.
Mumbai
The price of imported soya oil remained stable at Rs 1218 in Mumbai but improved by Rs 5 to Rs 1208 per 10 kg in Kandla. The price of soya oil is seen to be stable due to competition from palm oil.
Soya Cake (DOC)
The trade of soya DOC was limited in Madhya Pradesh while due to weak demand in Maharashtra, prices fell sharply by Rs 500 to Rs 1500 per ton. In a unit in Maharashtra, its price fell by Rs 1500 to Rs 35,500 per ton.