November 3, 2012 / 9:38 AM / in 5 years

Indore Soybean, Soy oil, Soy meal Open - November 03

* Soybean prices opened weak in Indore mandi today on poor buying support at
higher prices.      
* Soy oil prices opened with sharp fall on poor buying support against increased
selling at higher prices.      
* Soy meal prices opened weak on poor buying inquiries.

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean yellow          Soybean yellow
                            Saturday                  Previous
    Market delivery         31,500-32,300           31,500-32,400
    (Auction price
    Market delivery         31,700-32,400           31,700-32,500
    (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           1100         31,500-32,300          31,700-32,400         
    
      
   Saturday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):
    Adani Exports                         32,750
    Ambika Solvex                         33,100
    AV Agri                               32,750
    Bajrang Extractions                   32,600
    Betul Oils                            --

    Bhaskar Oils                          --

    Cargil                                --

    Datiya Agro                           --

    Dewas Soya                            --

    Dhanlaxmi Solvex                      33,250
    Divya Jyoti Industries                32,750
    General Foods                         32,900
    Gujarat Ambuja                        32,600
    Indian Rubber                         32,250
    Indraprastha                          --

    Itarsi Oil&Flours                     33,000
    ITC                                   --

    Khandwa Oils                          --

    Khaitan Agro Industries               --

    Krishana Oil                          32,800
    Kriti Industries                      33,100
    Lakhmi Solvex                         33,300
    Param Industries                      --

    Prestige Foods                        32,800
    Prakash Solvex                        32,500
    Premier Proteins                      32,900
    Rama Phopsphates                      33,000
    Ruchi Soya Industries                 32,900
    Sonic Biochem                         --

    Vippy Industries                      33,100

    Oil prices in rupees/tone in Indore: (excluding 4 % VAT)
                                             Saturday's open     Previous close
    Soyoil solvent crushing plant delivery    62,500-62,600      63,100-63,200
    Soyoil solvent market delivery            62,800-62,900      63,400-63,500
    Soyoil refined crushing plant delivery#   66,200-66,300      66,800-66,900
    Soyoil refined market delivery#           66,400-66,500      67,000-67,100

    Prices of soy oil refined, in rupees (including 4 % VAT) per 15-liter tin,
for market delivery in Indore:
                                             Saturday's open      Previous close
    Soyoil refined (most brands)                1130-1230          1130-1230
    Soyoil refined (Kriti brand)                1250               1250
 
    Soymeal yellow opening prices in rupees/tone:
                                             Saturday's open     Previous close
    FOR Mumbai delivery(PP Bags)             29,800-29,850       30,100-30,150
    FOR Bedi Bunder delivery                 29,650-29,700       29,950-30,000
    FOR Kakinada delivery                    29,750-29,800       30,050-30,100
    Spot delivery(45-46% protein)            28,200-28,250       28,500-28,550
    Spot ( 48% protein)                      28,300-28,350       28,600-28,650
    FAS Mumbai (U.S. $/tonne)                  Not Traded         Not Traded
    FAS Bedi Bunder/Kandla (U.S. $/tonne)      Not Traded         Not Traded
    FAS Kakinada (U.S. $/tonne)                Not Traded         Not Traded
    FOR Bedi Bunder/Kandla (U.S. $/tonne)      Not Traded         Not Traded
    FOR Kakinada (U.S. $/tonne)                Not Traded         Not Traded

    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

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