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Indore Soybean, Soy oil, Soy meal Open - Sep 11
September 11, 2013 / 9:54 AM / 4 years ago

Indore Soybean, Soy oil, Soy meal Open - Sep 11

- Soybean prices opened weak Indore mandi today on poor buying support at higher
prices. According to trade sources about 250 bags (90 kg each)of new soybean
arrived in Indore mandi and sold rupees 28,000-31,000 per tone.
- Soy oil prices opened weak on poor buying support against increased selling.  
   
- Soy meal prices opened weak on poor buying inquiries at higher prices.

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Wednesday                  Previous
    Market delivery         33,200-34,350           33,500-34,450
    (Auction price)
    Market delivery         33,400-34,400           33,700-34,500
    (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           300          33,200-34,350           33,400-34,400
    
     
    Wednesday soybean plant delivery prices (excluding 4 % VAT) in rupees per
tone (10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         34,250
    Ambika Solvex                         --     
    AV Agri                               --    
    Bajrang Extractions                   --
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      35,000
    Divya Jyoti Industries                34,000
    General Foods                         34,850
    Gujarat Ambuja                        --
    Indian Rubber                         34,750
    Indraprastha                          --
    Itarsi Oil&Flours                     35,250
    ITC                                   --
    Khandwa Oils                          35,250
    Khaitan Agro Industries               --
    Krishana Oil                          --
    Kriti Industries                      35,500
    Lakhmi Solvex                         34,250
    Mahakali                              35,000
    Param Industries                      --
    Prakash Solvex                        34,500
    Prestige Foods                        34,500
    Premier proteins                      35,250
    Rama                                  35,000
    Ruchi                                 34,850
    Vippy                                 34,600

Oil prices in rupees/tone in Indore: (excluding 4 % VAT)

                                             Wednesday's open    Previous close
    Soyoil solvent crushing plant delivery    60,000-60,100      60,300-60,400
    Soyoil solvent market delivery            60,300-60,400      60,600-60,700
    Soyoil refined crushing plant delivery#   63,700-63,800      64,000-64,100
    Soyoil refined market delivery#           64,900-64,000      64,200-64,300

    Prices of soy oil refined, in rupees (including 4 % VAT) per 15-liter tin,
for market delivery in Indore:

    

                                            Wednesday's open      Previous close
    Soyoil refined (most brands)                1090-1180          1100-1190
    Soyoil refined (Kriti brand)                1190               1200
 
    Soymeal yellow opening prices in rupees/tone:

                                            Wednesday's open     Previous close
    FOR Mumbai delivery(PP Bags)             Not traded          Not traded
    FOR Bedi Bunder delivery                 Not traded          Not traded
    FOR Kakinada delivery                    Not traded          Not traded
    Spot delivery(45-46% protein)            30,450-30,500       30,700-30,750
    Spot ( 48% protein)                      30,550-30,600       30,800-30,850
    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:
                                            Wednesday'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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