Nagpur Soybean, Soyoil, Soymeal Open-September 10

Nagpur, Sept 10 (Reuters) : Soya oil continued its downward
march in Vidarbha region of Western Maharashtra on lack of
local demand because of sharp fall in the global markets.
Profit-taking selling by stockists at higher level and easy
condition on Madhya Pradesh oil market also affected prices.
Trading activity was reported thin as traders adopted wait and
watch move, sources said Tuesday

* * * *

VIDARBHA MARKETS

OILS

* Linseed oil moved down further in Vidarbha on poor demand
from local

traders amid good producing region.

* Cottonseed, Groundnut loose, Groundnut refined, Sunflower
refined,

Rapeseed, Castor and Coconut KP oil prices ruled steady
in thin trading

activity.

* Traders expect further fall in Soya oil in Vidarbha.

SOYMEAL

* Soymeal prices today zoomed up on good demand from
South-based traders.

Short-supply from local crushing plants and about six
dollar per tonne

hike in international soyemal prices also helped to push
up prices. Oil prices in rupees per 10 kilograms:

NAGPUR

Wednesday's open
Previous close

Soyoil solvent crushing plant delivery 576
582

Soyoil solvent market delivery 574
580

Soyoil refined crushing plant delivery 616
621

Soyoil refined market delivery 614
619

Cottonseed refined 620
600

Cottonseed solvent 600
600

Groundnut oil (loose) 700
700

Groundnut oil refined (15 Litre) 1,200
1,200

Sunflower oil refined 695
695

Linseed oil 685
695

Rapeseed oil (for 15 kg) 1,060
1,070

Castor oil (for 15 kg) 1,130
1,130

Coconut KP oil 1,200
1,200

AMRAVATI

Soyoil refined 615
619

Soyoil Solvent 575
582

Cottonseed refined 630
630

Cottonseed solvent 610
610

AKOLA

Soyoil refined 616
621

Soyoil Solvent 577
583

Cottonseed refined oil 624
624

Cottonseed solvent oil 600
600

DHULIA

Soyoil refined 616
621

AURANGABAD

Soyoil refined 611
616

JALNA

Soyoil refined 612
617

LATUR

Soyoil refined 610
615

NANDED

Soyoil refined 619
625

Soyoil refined prices at other places in Maharashtra :
Adilabad - 625,

Baramati - 618, Chalisgaon - 614, Koosnoor - 615, Pachora
- 616, Solapur - 620, Supa - 620, Sangli - 622. Nagpur
soymeal prices in rupees per tonne

Wednesday's open
Previous close

Soymeal (Nagpur) 22,700-23,000
22,400-22,700

Soymeal prices at other places in Maharashta: Akola -
22,800, Adilabad - 22,200-22,700, Chalisgaon - 22,500,
Dhulia - 22,800, Nanded - 24,100,

Jalna - 22,900, Koosnoor - 23,600, Latur - 23,700, Hingoli
- 23,500,

Solapur - 23,100, Sangli - 22,800-22,900. WEATHER (Nagpur):
Maximum temp. 31.1 degree Celsius (88.0 degree Fahrenheit),
minimum temp. 24.0 degree Celsius (75.2 degree Fahrenheit)
Humidity: Highest - 96 per cent, lowest - 80 per cent.
FORECAST: Generally cloudy sky with few spells of light to
moderate rains. Maximum and Minimum temperature likely to be
around 33 and 23 degree respectively. Note: n.a.--not available
Rapeseed is also known as mustard seed. (For oils, transport
costs are excluded from plant delivery prices, but included in
market prices.) ((---Bangalore Commodity Desk, +91-080 4135
6833, e-mail commodities@thomsonreuters.com))