Nagpur Soybean, Soyoil, Soymeal Open- August 31

Nagpur, Aug 31 (Reuters) - The prices of soyabean and cottonseed oils today showed weak tendency
in the Vidarbha region of Western Maharashtra on increased selling by stockists on anticipation
better output in key growing regions. Trading sentiment also turned bearish after soya digam
slipped in futures trading in America while Madhya Pradesh soyabean oil prices also reported
weak. No trader was in mood for any commitment
and adopted wait and watch move, sources said Friday.

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VIDARBHA MARKETS
OILS
* Groundnut loose, groundnut refined, sunflower refined, linseed, rapeseed, castor and
coconut KP oil ruled steady in sluggish trading activity.
* Traders expect easy condition in soyabean oil as overseas oil arrival reported higher.

SOYMEAL
* Prices today moved down here in absence of buyers amid short supply from local
crushing plants. Easy condition on international soymeal market also affected
sentiment.

SOYABEAN
* Soyabean prices in the Nagpur Agriculture Produce and Marketing Committee
(APMC) quoted lower on lack of demand from local crushing plants. Further fall in
soyabean oil, easy condition in soymeal and weak trend in Madhya Pradesh soyabean
prices also affected sentiment in thin trading activity.
* About 1,000 bags reported for auction in major soyabean mandis in
Vidarbha, according to sources.

Nagpur soybean prices in rupees/tonne:
-----Soybean yellow----- Soybean black
Available Previous
Auction price (Auction price)
Market delivery 45,000-46,800 45,300-47,100 --

(Available price)
Market delivery 45,100-46,900 45,400-47,200 --

(Traders price)
Plant delivery 45,300-46,800 46,000-47,000 --

Soybean yellow arrivals (in 90-kg bags) and prices (in rupees per tonne)
in Vidarbha, according to officials of Agriculture Produce Marketing Committee
and trade sources:
Deliveries Available prices
Nagpur 200 45,000-46,800
Hinganghat n.a. n.a.
Akola 100 43,500-46,100
Amravati n.a. n.a.
Khamgaon n.a. n.a.
Wardha n.a. n.a.
Arvi n.a. n.a.
Umred n.a. n.a.
Chandrapur n.a. n.a.

Soyabean prices at other places in Maharashtra : Adilabad - n.a.,
Baramati - n.a., Dhulia - n.a., Hingoli - n.a., Jalna - n.a.,
Koosnoor - n.a., Latur - n.a., Nanded - 45,600,
Sangli - n.a.

Sunflower arrivals (in 50-kg bag), Rapeseed (in 40 Kg bag), groundnut and
Dhaniya arrivals (in 40 kg bag), linseed arrival (90 kg bag) and prices (in
rupees per 100 kilogram) in Nagpur, according to APMC sources:
Deliveries Available prices Previous close
Sunflower n.a. n.a. 2,500-2,600
Groundnut n.a. n.a. 700-900
Linseed n.a. n.a. 3,700-4,000
Castor 10 2,200-2,300 2,650-2,750
Rapeseed n.a. n.a. 1,520-1,625
Til n.a. n.a. 3,500-3,800
Dhaniya n.a. n.a. 4,200-4,300
Bajra n.a. n.a. n.a.

Oil prices in rupees per 10 kilograms:
NAGPUR
Friday's open Previous close
Soyoil refined crushing plant delivery 798 803
Soyoil solvent crushing plant delivery 758 763
Cottonseed refined 780 785
Cottonseed solvent 760 765
Groundnut oil (loose) 1,250 1,250
Groundnut oil refined (15 Litre) 2,080 2,080
Sunflower oil refined 780 780
Linseed oil 870 870
Rapeseed oil (for 15 kg) 1,330 1,330
Castor oil (for 15 kg) 1,310 1,310
Coconut KP oil (for 15 kg) 1,260 1,260

AMRAVATI
Soyoil refined 792 797
Soyoil Solvent 752 755
Cottonseed refined 775 785
Cottonseed solvent 755 765

AKOLA
Soyoil refined 792 796
Soyoil Solvent 752 754
Cottonseed refined oil 780 790
Cottonseed solvent oil 760 770

DHULIA
Soyoil refined 802 806

AURANGABAD
Soyoil refined 798 801

JALNA
Soyoil refined 800 802

LATUR
Soyoil refined 803 805

NANDED
Soyoil refined 801 807

Soyoil refined prices at other places in Maharashtra : Adilabad - 808,
Baramati - 805, Chalisgaon - 809, Pachora - 811, Parbhani - 811,
Koosnoor - 806, Solapur - 809, Supa - 810, Sangli - 814.

Nagpur soymeal prices in rupees per tonne
Friday's open Previous Close
Soymeal (Nagpur) 41,000-42,500 41,500-43,000

Soymeal prices at other places in Maharashtra : Adilabad - 42,700
Akola - 43,000, Baramati - n.a., Dhulia - 42,900, Hingoli - 42,800,
Jalna - 42,500, Koosnoor - 42,800, Latur - 42,700, Nanded - 42,500,
Pachora - n.a., Solapur - 43,100, Supa - n.a., Sangli - 43,800.

WEATHER (NAGPUR)
Maximum temp. 33.7 degree Celsius (92.7 degree Fahrenheit), minimum temp.
24.6 degree Celsius (76.3 degree Fahrenheit)
Humidity: Highest - 68 per cent, lowest - 45 per cent.
Rainfall : .1 mm
FORECAST: Generally cloudy sky. Rains or thunder-shower likely. Maximum and Minimum temperature
likely to be around 34 and 25 degree Celsius respectively.

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