Nagpur Soybean, Soyoil, Soymeal Open- Sept 10

Nagpur, Sept 10 (Reuters) - Prices of soyabean oil softened at the Vidarbha region of Western
Maharashtra on reduced offtake at existing higher levels amid weakening global trend. Trading
sentiment turned bearish after palm oil futures in Malaysia and soya digam in America quoted
weak. Easy condition in Madhya Pradesh soyabean oil prices also affected sentiment, sources said
Monday.

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VIDARBHA MARKETS
OILS
* Cottonseed, groundnut loose, groundnut refined, sunflower refined, rapeseed, linseed,
castor and coconut KP oil ruled steady in sluggish trading activity.
* Traders expect further fall in soyabean oil in Vidarbha.

SOYMEAL
* Prices today ruled steady here but demand was poor in thin trading activity.

SOYABEAN
* Soyabean prices in the Nagpur Agriculture Produce and Marketing Committee
(APMC) reported lower on lack of demand from local crushing plants. Fresh fall
in soyabean oil, no takers to soymeal, high moisture content arrival and downward
trend in Madhya Pradesh soyabean prices also helped to affected soyabean prices here.
* 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 41,000-44,000 43,100-45,000 --

(Available price)
Market delivery 41,100-44,100 43,200-45,100 --

(Traders price)
Plant delivery 45,000-46,000 45,000-46,000 --

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 41,000-44,000
Hinganghat n.a. n.a.
Akola n.a. n.a.
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 - 44,500 Hingoli - n.a., Jalna - n.a.,
Koosnoor - 45,000, Latur - n.a., Nanded - n.a.,
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. 4,000-4,100
Castor n.a. n.a. 2,200-2,300
Rapeseed n.a. n.a. 1,520-1,625
Til n.a. n.a. 3,500-3,800
Dhaniya n.a. n.a. 4,500-4,600
Bajra n.a. n.a. n.a.

Oil prices in rupees per 10 kilograms:
NAGPUR
Monday's open Previous close
Soyoil refined crushing plant delivery 800 803
Soyoil solvent crushing plant delivery 760 763
Cottonseed refined 790 790
Cottonseed solvent 770 770
Groundnut oil (loose) 1,250 1,250
Groundnut oil refined (15 Litre) 2,080 2,080
Sunflower oil refined 780 780
Linseed oil 860 860
Rapeseed oil (for 15 kg) 1,330 1,330
Castor oil (for 15 kg) 1,310 1,310
Coconut KP oil (for 15 kg) 1,250 1,250

AMRAVATI
Soyoil refined 797 802
Soyoil Solvent 759 762
Cottonseed refined 790 790
Cottonseed solvent 770 770

AKOLA
Soyoil refined 797 803
Soyoil Solvent 760 763
Cottonseed refined oil 795 795
Cottonseed solvent oil 775 775

DHULIA
Soyoil refined 804 805

AURANGABAD
Soyoil refined 802 805

JALNA
Soyoil refined 803 806

LATUR
Soyoil refined 806 808

NANDED
Soyoil refined 804 805

Soyoil refined prices at other places in Maharashtra : Adilabad - 809,
Baramati - 807, Chalisgaon - 810, Pachora - 811, Parbhani - 810,
Koosnoor - 808, Solapur - 810, Supa - 813, Sangli - 816.

Nagpur soymeal prices in rupees per tonne
Monday's open Previous Close
Soymeal (Nagpur) 41,200-43,300 41,200-43,300

Soymeal prices at other places in Maharashtra : Adilabad - 43,900
Akola - 43,000, Baramati - n.a., Dhulia - 43,900, Hingoli - 43,800,
Jalna - 43,600, Koosnoor - 43,900, Latur - 43,700, Nanded - 43,700,
Pachora - n.a., Solapur - 44,200, Supa - n.a., Sangli - 45,300.

WEATHER (NAGPUR)
Maximum temp. 33.0 degree Celsius (91.4 degree Fahrenheit), minimum temp.
24.2 degree Celsius (75.6 degree Fahrenheit)
Humidity: Highest - 93 per cent, lowest - 76 per cent.
Rainfall : .4 mm
FORECAST: Generally cloudy sky. Rains or thunder-shower likely. Maximum and Minimum temperature
likely to be around 32 and 24 degree Celsius respectively.

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