January 4, 2014 / 9:24 AM / in 4 years

Indore Soybean, Soy oil, Soy meal Open - Jan 04

* Soybean prices opened steady in Indore mandi today on limited buying support
at higher prices. 
* Soy oil prices opened steady on limited buying support.      
* Soy meal prices opened weak on poor buying inquiries.

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Saturday                  Previous
    Market delivery         34,500-38,500           34,500-38,500
    (Auction price)    
    Market delivery         35,000-38,700           35,000-38,700
    (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           450          34,500-38,500           35,000-38,700
    
     
    Saturday soybean plant delivery prices (excluding 4 % VAT) in rupees per
tone (10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         --
    Ambika Solvex                         -- 
    AV Agri                               38,250    
    Bajrang Extractions                   37,850
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      38,750
    Divya Jyoti Industries                37,900
    General Foods                         38,600
    Gujarat Ambuja                        37,500
    Indian Rubber                         --
    Indraprastha                          --
    Itarsi Oil&Flours                     38,250
    ITC                                   --
    Khandwa Oils                          38,000
    Khaitan Agro Industries               --
    Krishana Oil                          38,250
    Kriti Industries                      38,400
    Lakhmi Solvex                         38,500
    Mahakali                              38,500
    Param Industries                      --
    Prakash Solvex                        38,700
    Prestige Foods                        38,500
    Premier proteins                      38,750
    Rama                                  38,000
    Ruchi                                 38,600
    Vippy                                 37,750

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

                                              Saturday's open    Previous close
    Soyoil solvent crushing plant delivery    60,700-60,800      60,700-60,800
    Soyoil solvent market delivery            61,000-61,100      61,000-61,100
    Soyoil refined crushing plant delivery#   65,700-65,800      65,700-65,800
    Soyoil refined market delivery#           65,900-66,000      65,900-66,000

    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)                1160-1250          1160-1250
    Soyoil refined (Kriti brand)                1260               1260
 
    Soymeal yellow opening prices in rupees/tone:

                                             Saturday'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)            32,750-32,800       33,000-33,050
    Spot ( 48% protein)                      32,850-32,900       33,100-33,150
    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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