GET FREE TRIAL FOR SOYBEAN REPORTS
Executive Summary
At Indore, Soybean price decreased by 248 INR, price quoted at 43,928 INR/Tonne, Soybean Meal price reamined stable, price
quoted at 29,079 INR/Tonne, Soybean Oil price increased by 270 INR, price quoted at 1,23,410 INR/Tonne.
On 04, Jan 2025 Soybean arrivals in major domestic markets, were 0.1 million bags arrived at Madhya Pradesh, 0.12 million bags
arrived at Maharashtra and 20 thousand bags arrived at Rajasthan.
CBOT, Soybean Jan ,2024 decreased by 18.5 c/bushel at 981.0c/bushel, Soybean Meal Jan 2024 decreased by 11.0 usd/st to 299.9
usd/st, Soybean Oil Jan,2024 slightly decreased by 0.32 c/pound to 39.4 c /pound.
Weekly Export Sales report reported a Marketing year low of 484 thousand tonne for 2024-25 soybean booking, in the week
ending of 26 December 2024, It was below the trade estimate of 0.5 to 1.2 million tonne, where China imported 617 thousand tonne and
316 thousand tonne was imported by Unknown destinations. (Source: Bar Chart)
According to StoneX, Brazil's soybean production for 2024-2025 is likely to exceed 171.4 million tonne, up from 166.2 million
tonne estimated in December,2024.
