Oct/ 8/ 2019 1
Currently prices for Soya Lecithin and Soya Derrivatives have increased suddenly in past 12-15 days.
As per current market report Soyabean prices increased and it has affected all by- products related to Soya. As Madhya Pradesh has the largest growing area for Soyabean in India and this year it has received excess rainfall which has affected corp badly.
First of all the harvest has been delayed by almost one month and continuous rainfall has affected the crop turnout. Per hectare yield is expected to be low this year.
As per current estimates Last year crop was 115 Lac Ton approx where as this year expected turnout should be around 80 Lac Tons. Although more exact figures will come out once we complete harvest with weeks to come.
We shall keep you updated with future developments about pricing and crop situation.
If you have any queries please feel free to contact us.