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Indore Soybean, Soy oil, Soy meal Open - Mar 07
March 7, 2014 / 10:33 AM / 4 years ago

Indore Soybean, Soy oil, Soy meal Open - Mar 07

* Soybean prices opened strong in Indore mandi today on limited availability's.
* Soy oil prices opened firm on better buying support against poor selling.     
* Soy meal prices opened firm on better buying inquiries.

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Friday                  Previous
    Market delivery         38,000-41,900            38,000-41,750
    (Auction prices)        
    Market delivery         38,500-42,000            38,500-42,000
    (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           250          38,000-41,900           38,500-42,000
    
     
   Friday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         --
    Ambika Solvex                         -- 
    AV Agri                               42,000    
    Bajrang Extractions                   --
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      42,750
    Divya Jyoti Industries                41,500
    General Foods                         42,400
    Gujarat Ambuja                        40,500
    Indian Rubber                         42,350
    Indraprastha                          --
    Itarsi Oil&Flours                     42,500
    ITC                                   --
    Khandwa Oils                          42,500
    Khaitan Agro Industries               --
    Krishana Oil                          41,000
    Kriti Industries                      41,000
    Lakhmi Solvex                         42,750
    Mahakali                              42,250
    Param Industries                      --
    Prakash Solvex                        42,250
    Prestige Foods                        42,250
    Premier proteins                      --
    Rama                                  42,500
    Ruchi                                 42,400
    Vippy                                 42,000

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

                                                Friday's open    Previous close
    Soyoil solvent crushing plant delivery    66,500-66,600      65,800-65,900
    Soyoil solvent market delivery            66,800-66,900      66,100-66,200
    Soyoil refined crushing plant delivery#   70,200-70,300      69,500-69,600
    Soyoil refined market delivery#           70,400-70,500      69,700-69,800

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

    

                                               Friday's open      Previous close
    Soyoil refined (most brands)                1200-1290          1200-1290
    Soyoil refined (Kriti brand)                1300               1300
 
    Soymeal yellow opening prices in rupees/tone:

                                               Friday'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)            37,150-37,200       36,850-36,900
    Spot ( 48% protein)                      37,250-37,300       36,950-37,000
    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:
                                                Friday'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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