Indore Soybean, Soyoil, Soymeal Open-May 17
* Soybean prices were opened firm in Indore mandi today on better buying
support.
* Soy oil prices opened firm on poor selling against better buying support.
* Soymeal prices were opened firm on better buying inquiries.
Indore soybean prices (excluding 4 % VAT), in rupees/tone:
Soybean yellow Soybean yellow
Saturday Previous
Market delivery 22,400-22,750 22,100-22,450
(Auction price)
Market delivery 22,500-22,800 22,200-22,500
(Traders' price)
Soybean yellow arrivals in tonnes, and market prices in rupees/tonne, in Indore, according to trade sources:
Arrivals Auction price Traders' price
Indore 200 22,400-22,750 22,500-22,800
Saturday soybean plant delivery prices (excluding 4 % VAT) in rupees per tonne (10% moisture, 2% soil, 2% damage condition):
Adani Exports 23,400
Ambika Solvex 23,450
Bajrang Extractions --
Betul Oils --
Bhaskar Oils --
Datiya Agro --
Dewas Soya 23,300
Dhanlaxmi Solvex --
Divya Jyoti Industries 23,500
General Foods 23,500
Gujarat Ambuja 23,400
Indraprastha --
Itarsi Oil&Flours 23,200
ITC --
Khandwa Oils 23,200
Khaitan Agro Industries 23,500
Krishana Oil --
Kriti Industries 23,200
Lakhmi Solvex 23,150
Param Industries 23,500
Prestige Foods 23,500
Prakash Solvex 23,250
Premier Proteins 23,500
Rama Phopsphates 23,500
Ruchi Soya Industries 23,500
Vippy Industries 23,200
Oil prices in rupees/tonne in Indore: (excluding 4 % VAT)
Saturday's open Previous close
Soyoil solvent crushing plant delivery 55,300-55,400 54,900-55,000
Soyoil solvent market delivery 55,600-55,700 55,200-55,300
Soyoil refined crushing plant delivery# 58,800-58,900 58,200-58,300
Soyoil refined market delivery# 59,000-59,100 58,400-58,500
Prices of soyoil refined, in rupees (including 4 % VAT) per 15-liter tin, for market delivery in Indore:
Saturday's open Previous close
Soyoil refined (most brands) 880-950 880-950
Soyoil refined (vital brand) 960
960
Soymeal yellow opening prices in rupees/tonne:
Saturday's open Previous close
FOR Mumbai delivery(PP Bags) 18,150-17,250 17,900-17,950
FOR Bedi Bunder delivery 18,000-18,100 17,750-17,800
FOR Kakinada delivery 18,100-18,200 17,850-17,900
Spot delivery(45-46% protein) 17,200-17,300 16,950-17,000
Spot ( 48% protein) 17,300-17,400 17,050-17,100
FAS Mumbai (U.S. $/tonne) 438-440
433-434
FAS Bedi Bunder/Kandla (U.S. $/tonne) 441-443
436-437
FAS Kakinada (U.S. $/tonne) 443-445
438-439
FOR Bedi Bunder/Kandla (U.S. $/tonne) 435-437
430-431
FOR Kakinada (U.S. $/tonne) 437-439
432-433
Rapeseed Meal opening prices per tonne:
Saturday's open Previous close
FOR Jamnagar (In Rupees) --not traded-- --not traded--
FOR Mumbai (PP Bags, In Rupees) --not traded-- --not traded--
FAS Bedibunder (In USD) --not traded-- --not traded--
# Excise paid Note: (Transport costs are excluded in plant delivery prices but included in market prices.) FOR--Free-on-rail; FAS--Free-alongside-ship ((---Bangalore Commodity Desk, +91-080 4135 6833, e-mail commodities@reuters.com))
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