Surge in Oilseed Prices Observed in Markets Last Week

13-Jan-2025 08:47 AM

Surge in Oilseed Prices Observed in Markets Last Week
A rise in oilseed prices was noted last week due to reduced market arrivals and moderate demand.
However, prices for soybean, groundnut, and sunflower remain below the Minimum Support Price (MSP).
Factors such as increased imports, higher production, and reduced crushing demand have contributed to the price drop.
I-Grain India predicts limited trading in the oilseed market with minimal chances of a major price surge in the near future.