June 3, 2014 / 9:33 AM / 3 years ago

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

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

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Tuesday                    Previous
    Market delivery         40,000-42,750             42,000-44,250
    (Auction prices)       
    Market delivery         40,500-43,000             42,500-44,500
    (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           200          40,000-42,750           40,500-43,000
    
     
  Tuesday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         --
    Ambika Solvex                         -- 
    AV Agri                               42,250    
    Bajrang Extractions                   42,500
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      44,000
    Divya Jyoti Industries                42,250
    General Foods                         43,500
    Gujarat Ambuja                        41,000
    Indian Rubber                         --
    Indraprastha                          --
    Itarsi Oil&Flours                     42,000
    ITC                                   --
    Khandwa Oils                          42,000
    Khaitan Agro Industries               --
    Krishana Oil                          41,500
    Kriti Industries                      42,500
    Lakhmi Solvex                         42,000
    Mahakali                              --
    Param Industries                      --
    Prakash Solvex                        42,500
    Prestige Foods                        42,250
    Premier proteins                      44,000
    Rama                                  42,000
    Ruchi                                 43,500
    Vippy                                 42,250

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

                                             Tuesday's open      Previous close
    Soyoil solvent crushing plant delivery    59,600-59,700      59,600-59,700
    Soyoil solvent market delivery            59,900-60,000      59,900-60,000
    Soyoil refined crushing plant delivery#   63,700-63,800      63,700-63,800
    Soyoil refined market delivery#           63,900-64,000      63,900-64,000

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

    

                                              Tuesday's open      Previous close
    Soyoil refined (most brands)                1140-1210          1150-1220
    Soyoil refined (Kriti brand)                1220               1230
 
    Soymeal yellow opening prices in rupees/tone:

                                              Tuesday'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)            39,700-39,750       40,000-40,050
    Spot ( 48% protein)                      39,800-39,850       40,100-40,150
    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:
                                               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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