March 20, 2012 / 8:13 AM / in 6 years

Indore Soybean, Soy oil, Soy meal Open - Mar 20

* Soybean prices opened steady in Indore mandi today on poor selling at lower
prices.     	
* Soy oil prices opened weak on poor buying support against better selling at
higher prices.  	
* Soy meal prices opened steady on limited buying inquiries.	
	
  	
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:	
                            Soybean yellow          Soybean yellow	
                            Tuesday                  Previous	
    Market delivery         27,000-27,700           27,000-27,700	
    (Auction price)	
    Market delivery         27,200-27,750           27,200-27,750	
    (Traders' price)	
	
    Soybean yellow arrivals in tones, and market prices in rupees/tone, in	
Indore, according to trade sources:	
                   Arrivals       Auction price          Trader's price	
    Indore           300          27,000-27,700          27,200-27,750         	
    	
   	
  Tuesday soybean plant delivery prices (excluding 4 % VAT) in rupees per tonne
(10% moisture, 2% soil, 2% damage condition):	
    Adani Exports                         27,250	
    Ambika Solvex                         --	
    Bajrang Extractions                   27,650	
    Betul Oils                            27,600	
    Bhaskar Oils                          --	
    Cargil                                --	
    Datiya Agro                           --	
    Dewas Soya                            --	
    Dhanlaxmi Solvex                      28,250	
    Divya Jyoti Industries                27,650	
    General Foods                         28,450	
    Gujarat Ambuja                        27,500	
    Indian Rubber                         27,700	
    Indraprastha                          --	
    Itarsi Oil&Flours                     28,000	
    ITC                                   --	
    Khandwa Oils                          27,700	
    Khaitan Agro Industries               --	
    Krishana Oil                          27,750	
    Kriti Industries                      28,000	
    Lakhmi Solvex                         28,250	
    Param Industries                      --	
    Prestige Foods                        28,000	
    Prakash Solvex                        27,500	
    Premier Proteins                      28,350	
    Rama Phopsphates                      28,300	
    Ruchi Soya Industries                 28,450	
    Sonic Biochem                         --	
    Vippy Industries                      --	
	
    Oil prices in rupees/tone in Indore: (excluding 4 % VAT)	
                                              Tuesday's open     Previous close	
    Soyoil solvent crushing plant delivery   66,300-66,400       66,500-66,600	
    Soyoil solvent market delivery           66,600-66,700       66,800-66,900	
    Soyoil refined crushing plant delivery#  69,200-69,300       69,500-69,600	
    Soyoil refined market delivery#          69,400-69,500       69,700-69,800	
	
    Prices of soyoil refined, in rupees (including 4 % VAT) per 15-liter tin,	
for market delivery in Indore:	
                                               Tuesday's open     Previous close	
    Soyoil refined (most brands)                1200-1270         1200-1270	
    Soyoil refined (Fortune brand)                1290             1290	
 	
    Soymeal yellow opening prices in rupees/tone:	
                                              Tuesday's open     Previous close	
    FOR Mumbai delivery(PP Bags)             22,200-22,250       22,200-22,250	
    FOR Bedi Bunder delivery                 22,050-22,100       22,050-22,100	
    FOR Kakinada delivery                    22,150-22,200       22,150-22,200	
    Spot delivery(45-46% protein)            20,650-20,700       20,650-20,700	
    Spot ( 48% protein)                      20,750-20,800       20,750-20,800	
    FAS Mumbai (U.S. $/tonne)                  452-453              452-453	
    FAS Bedi Bunder/Kandla (U.S. $/tonne)      455-456              455-456	
    FAS Kakinada (U.S. $/tonne)                457-458              457-458	
    FOR Bedi Bunder/Kandla (U.S. $/tonne)      443-444              443-444	
    FOR Kakinada (U.S. $/tonne)                445-446              445-446	
	
    Rapeseed Meal opening prices per tonne:	
                                               Tuesday'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

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