December 8, 2014 / 10:38 AM / 3 years ago

Indore Soybean, Soy oil, Soy meal Open - Dec 08

- Soybean prices opened firm in Indore mandi today on better buying support
against poor availability's. According to trade sources about 2.00 lac bags (100
Kg each) arrived in mandies of Madhya Pradesh state. 
- Soy oil prices opened firm on better buying support.
- Soy meal prices opened firm on better buying inquiries.

       
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Monday                    Previous
    Market delivery         31,500-32,700             31,500-32,400
    (Auction prices)       
    Market delivery         31,700-32,750             31,700-32,500
    (Traders' prices)

    Soybean yellow arrivals in tones, and market prices in rupees/tone, in
Indore, according to trade sources

                           Arrivals     Auction price          Traders' price
    Indore                  750        31,500-32,700          31,700-32,750     
       
    
     
   Monday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         --
    Ambika Solvex                         -- 
    AV Agri                               33,000    
    Bajrang Extractions                   32,300
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      33,500
    Divya Jyoti Industries                32,800
    General Foods                         33,400
    Gujarat Ambuja                        32,250
    Indian Rubber                         32,800
    Indraprastha                          --
    Itarsi Oil&Flours                     33,500
    ITC                                   --
    Khandwa Oils                          33,500
    Khaitan Agro Industries               --
    Krishana Oil                          --
    Kriti Industries                      33,250
    Lakhmi Solvex                         33,250
    Mahakali                              33,250
    Param Industries                      --
    Prakash Solvex                        33,400
    Prestige Foods                        33,250
    Premier proteins                      33,150
    Rama                                  33,250
    Ruchi                                 33,400
    Vippy                                 33,250

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

                                               Monday's open      Previous close
    Soyoil solvent crushing plant delivery    55,100-55,200      54,600-54,700
    Soyoil solvent market delivery            55,400-55,500      54,900-55,000
    Soyoil refined crushing plant delivery#   58,000-58,100      57,200-57,300
    Soyoil refined market delivery#           58,200-58,300      57,400-57,500

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

    
                                               Monday's open      Previous close
    Soyoil refined (most brands)                1120-1190          1120-1190
    Soyoil refined (Kriti brand)                1200               1200
 
    Soymeal yellow opening prices in rupees/tone:

                                               Monday'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)            29,650-29,700       29,250-29,300
    Spot ( 48% protein)                      29,750-29,800       29,350-29,400
    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:
                                                Monday'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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