India Rapeseed Extraction (FOR) Price Trend (US$/MT)

Key Takeaway

• Factors affecting Rapeseed Ext. (FOR) (Bulk) (Ex-Kandla) 38/2.5 prices: Prices are primarily influenced by rapeseed/mustard seed production, availability, mandi arrivals, crushing volumes, meal inventories and crusher margins. Since the product is used as a protein feed ingredient, demand from poultry, dairy, livestock and aquaculture sectors is a key driver, while mustard oil prices, seed procurement costs and crushing economics affect meal availability and pricing. For bulk material supplied from Kandla, domestic and export demand, international rapeseed/mustard meal prices, competing origins, currency movements, freight and logistics costs, port handling and export orders are particularly important.
• The FOR delivery basis also makes inland transportation and delivery costs relevant to the quoted price. Protein content, residual oil, fibre, glucosinolate levels, moisture and other quality parameters influence premiums or discounts. Seasonal arrivals, inventories, prices of competing protein meals such as soybean and sunflower meal, government trade policies, export regulations and trader activity further contribute to short-term price movements.