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Nagpur Soybean, Soyoil, Soymeal Open- September 18
Nagpur, Sept 18 (Reuters) - About five dollar per tonne fall in international edible oils in one
session showed its effects on oil market in Vidarbha. The prices of select edible oils today
suffered heavily in the Vidarbha region of Western Maharashtra on increased selling by
stockists. Trading sentiment also turned bearish after palm oil slipped in futures trading in
Malaysia while American soya digam prices also reported weak. No trader was in mood for any
commitment because of sharp fall in Madhya Pradesh edible oil, sources said Tuesday.
* * * *
VIDARBHA MARKETS
OILS
* Soyabean, cottonseed, linseed and rapeseed oil today nosedived here in absence of
buyers amid release of stock from stockists. Reports about increased overseas supply
also pushed down prices of these oils.
* Groundnut loose, groundnut refined, sunflower refined, castor and coconut KP oil
ruled steady in sluggish trading activity.
* Traders expect downward trend in soyabean and cottonseed 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 down on lack of buying support from local crushing plants amid high
moisture content arrival. Sharp fall in soyabean oil, no takers to soymeal and
healthy arrival in Madhya Pradesh soyabean mandi also affected sentiment in thin
weak trading activity.
Nagpur soybean prices in rupees/tonne:
-----Soybean yellow----- Soybean black
Available Previous
Auction price (Auction price)
Market delivery 30,500-41,000 30,700-41,400 --
(Available price)
Market delivery 30,600-41,100 30,800-41,500 --
(Traders price)
Plant delivery 41,000-42,000 41,000-42,000 --
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 100 30,700-41,000
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 - 42,700 Hingoli - n.a., Jalna - n.a.,
Koosnoor - 42,400, 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. 3,100-3,200
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
Tuesday's open Previous close
Soyoil refined crushing plant delivery 795 801
Soyoil solvent crushing plant delivery 755 761
Cottonseed refined 790 800
Cottonseed solvent 770 778
Groundnut oil (loose) 1,260 1,260
Groundnut oil refined (15 Litre) 2,100 2,100
Sunflower oil refined 810 810
Linseed oil 840 850
Rapeseed oil (for 15 kg) 1,310 1,320
Castor oil (for 15 kg) 1,310 1,310
Coconut KP oil (for 15 kg) 1,230 1,230
AMRAVATI
Soyoil refined 792 800
Soyoil Solvent 752 760
Cottonseed refined 785 795
Cottonseed solvent 765 775
AKOLA
Soyoil refined 790 800
Soyoil Solvent 750 760
Cottonseed refined oil 790 800
Cottonseed solvent oil 770 780
DHULIA
Soyoil refined 800 803
AURANGABAD
Soyoil refined 798 805
JALNA
Soyoil refined 801 805
LATUR
Soyoil refined 803 810
NANDED
Soyoil refined 797 803
Soyoil refined prices at other places in Maharashtra : Adilabad - 802,
Baramati - 800, Chalisgaon - 803, Pachora - 802, Parbhani - 805,
Koosnoor - 802, Solapur - 802, Supa - 804, Sangli - 811.
Nagpur soymeal prices in rupees per tonne
Tuesday's open Previous Close
Soymeal (Nagpur) 42,000-42,500 42,000-42,500
Soymeal prices at other places in Maharashtra : Adilabad - 42,900
Akola - 42,300, Baramati - n.a., Dhulia - 44,600, Hingoli - 42,800,
Jalna - 42,600, Koosnoor - 42,500, Latur - 43,100, Nanded - 43,100,
Pachora - n.a., Solapur - 43,200, Supa - n.a., Sangli - 43,000.
WEATHER (NAGPUR)
Maximum temp. 32.3 degree Celsius (90.1 degree Fahrenheit), minimum temp.
23.1 degree Celsius (73.6 degree Fahrenheit)
Humidity: Highest - 96 per cent, lowest - 66 per cent.
Rainfall : .0 mm
FORECAST: Generally cloudy sky. Rains or thunder-shower likely. Maximum and Minimum temperature
likely to be around 33 and 24 degree Celsius respectively.
ATTN : Soyabean mandi, wholesale foodgrain market of Nagpur APMC and oil market in all over
Vidarbha will be closed tomorrow, Wednesday, on the occasion of Ganesh Chaturthi.
* * * *
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