Indore Soybean, Soyoil, Soymeal Close-May 17
* Soybean prices were steady at closed on limited trading.
* Soy oil prices were weak at closed on increased selling against poor
buying support at higher prices.
* Soy meal prices steady at closed on limited buying inquiries.
Indore soybean prices (excluding 4 % VAT), in rupees/tonne:
Soybean yellow Soybean yellow Soybean yellow
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Market delivery 22,400-22,750 22,400-22,750 22,100-22,450
(Auction prices)
Market delivery 22,500-22,800 22,500-22,800 22,200-22,500
(Traders' price)
Plant delivery 23,150-23,500 23,150-23,500 23,000-23,250
Soybean yellow arrivals in tonnes, and market prices in rupees/tonne, in and around Indore, according to trade sources:
Arrivals Auction price Traders' price
Indore 200 22,400-22,750 22,500-22,800
Oil prices (excluding 4 % VAT) in rupees/tonne in Indore:
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Soyoil solvent crushing
plant delivery 55,200-55,300 55,300-55,400 54,900-55,000
Soyoil solvent market delivery 55,500-55,600 55,600-55,700 55,200-55,300
Soyoil refined crushing
plant delivery# 58,500-58,600 58,800-58,900 58,200-58,300
Soyoil refined market delivery# 58,700-58,800 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:
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Soyoil refined (most brands) 880-950 880-950
880-950
Soyoil refined (vital brand) 960 960
960
Soymeal yellow opening prices in rupees/tonne:
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FOR Mumbai delivery(PP Bags) 18,150-18,250 18,150-18,250 17,900-17,950
FOR Bedi Bunder delivery 18,000-18,100 18,000-18,100 17,750-17,800
FOR Kakinada delivery 18,100-18,200 18,100-18,200 17,850-17,900
Spot delivery(45-46% protein) 17,200-17,300 17,200-17,300 16,950-17,000
Spot (48% protein) 17,300-17,400 17,300-17,400 17,050-17,100
FAS Mumbai (U.S. $/tonne) 438-440 438-440
433-434
FAS Bedi Bunder/Kandla(U.S.$/tonne) 441-443 441-443
436-437
FAS Kakinada (U.S. $/tonne) 443-445 443-445
438-439
FOR Bedi Bunder/Kandla(U.S.$/tonne) 435-437 435-437
430-431
FOR Kakinada (U.S. $/tonne) 437-439 437-439
432-433
Rapeseed Meal opening prices per tonne:
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FOR Jamnagar (In Rupees) -not traded- -not traded- -not traded-
FOR Mumbai
(New PP Bags, In Rupees) -not traded- -not traded- -not traded-
FAS Bedibunder (In USD) -not traded- -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
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