Nagpur Soybean, Soyoil, Soymeal Open- October 11

Nagpur, Oct 11 (Reuters) - Soyabean and cottonseed oil prices reported strong in Vidarbha region
of Western Maharashtr on scattered buying by Vanaspati millers influenced by a firming global
trend. Trading sentiment turned better as palm oil futures and American soya digam prices rose
handsomely. Fresh rise in Madhya Pradesh soyabean oil and reported demand from South-based
traders also helped to push up prices, sources said Thursday.

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VIDARBHA MARKETS
OILS
* Groundnut loose, groundnut refined, sunflower refined, linseed, rapeseed,
castor and coconut KP oil remained static in sluggish trading activity.
* Traders expect upward trend in soyabean and cottonseed oil.

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

SOYABEAN
* New soyabean prices in the Nagpur Agriculture Produce and Marketing Committee
(APMC) reported higher on good demand from local crushing plants amid weak supply
from producing regions. Good rise in soyabean oil, upward trend in Madhya Pradesh
soyabean prices and reported demand from South-based crushing plants also helped to
push up prices.
* About 20,000 soyabean bags reported for auctions in all over Vidarbha.

Nagpur soybean prices in rupees/tonne:
-----Soybean yellow----- Soybean black
Available Previous
Auction price (Auction price)
Market delivery 24,100-31,900 23,200-30,600 --
(Available price)
Market delivery 24,200-32,000 23,300-30,700 --
(Traders price)
Plant delivery 31,000-32,000 30,000-31,000 --

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 4,000 24,100-31,900
Hinganghat n.a. n.a.
Akola 1,500 24,000-31,500
Amravati 1,500 23,700-31,500
Khamgaon n.a. n.a.
Wardha 1,500 23,500-30,900
Arvi n.a. n.a.
Umred n.a. n.a.
Chandrapur 700 24,200-31,200

Soyabean prices at other places in Maharashtra : Adilabad - n.a.,
Baramati - n.a., Dhulia - 32,500 Hingoli - 32,900, Jalna - n.a.,
Koosnoor - 32,800, 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. 4,200-4,400
Castor n.a. n.a. 2,600-2,900
Rapeseed n.a. n.a. 1,520-1,625
Til n.a. n.a. 3,500-3,800
Dhaniya n.a. n.a. 3,800-4,000
Bajra n.a. n.a. n.a.
Gavarani Corn n.a. n.a. 1,100-1,150

Oil prices in rupees per 10 kilograms:
NAGPUR
Thursday's open Previous close
Soyoil refined crushing plant delivery 695 691
Soyoil solvent crushing plant delivery 655 651
Cottonseed refined 690 680
Cottonseed solvent 670 660
Groundnut oil (loose) 1,140 1,140
Groundnut oil refined (15 Litre) 1,930 1,930
Sunflower oil refined 780 780
Linseed oil 760 760
Rapeseed oil (for 15 kg) 1,250 1,250
Castor oil (for 15 kg) 1,180 1,180
Coconut KP oil (for 15 kg) 1,200 1,200

AMRAVATI
Soyoil refined 686 680
Soyoil Solvent 646 640
Cottonseed refined 690 685
Cottonseed solvent 670 664

AKOLA
Soyoil refined 689 685
Soyoil Solvent 649 645
Cottonseed refined oil 685 680
Cottonseed solvent oil 665 660

DHULIA
Soyoil refined 718 714

AURANGABAD
Soyoil refined 713 710

JALNA
Soyoil refined 713 709

LATUR
Soyoil refined 717 714

NANDED
Soyoil refined 719 716

Soyoil refined prices at other places in Maharashtra : Adilabad - 721,
Baramati - 717, Chalisgaon - 714, Pachora - 715, Parbhani - 718,
Koosnoor - 720, Solapur - 718, Supa - 721, Sangli - 723.

Nagpur soymeal prices in rupees per tonne
Thursday's open Previous Close
Soymeal (Nagpur) 28,800-30,000 28,800-30,000

Soymeal prices at other places in Maharashtra : Adilabad - 30,400
Akola - 29,800, Baramati - n.a., Dhulia - 30,000, Hingoli - 30,000,
Jalna - 30,100, Koosnoor - 29,900, Latur - 29,600, Nanded - 28,800,
Pachora - n.a., Solapur - 29,900, Supa - n.a., Sangli - 30,200.

WEATHER (NAGPUR)
Maximum temp. 33.4 degree Celsius (92.1 degree Fahrenheit), minimum temp.
17.1 degree Celsius (62.8 degree Fahrenheit)
Humidity: Highest - 92 per cent, lowest - 44 per cent.
Rainfall : 0.0 mm
FORECAST: Mainly clear sky. Maximum and Minimum temperature likely to be around 33 and 17 degree
Celsius respectively.

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