March 14, 2012 / 12:11 PM / 6 years ago

Indore Soybean, Soy oil, Soy meal Close- March 14

* Soybean prices were steady at close on limited buying support at higher
prices.	
    * Soy oil solvent prices were up further at closed on poor selling while soy
oil refined prices were weak at close on poor buying support against increased
selling at higher prices.	
    * Soy meal prices were steady at closed on limited trading.	
	
	
    Indore soybean prices (excluding 4 % VAT), in rupees/ton:	
                       Soybean yellow     Soybean yellow      Soybean yellow	
                           Close              Open              Previous	
    Market delivery     26,900-27,750     26,900-27,750       26,800-27,600	
    (Auction prices)	
    Market delivery     27,100-27,800     27,100-27,800       27,000-27,700	
    (Traders' price)	
    Plant delivery      27,250-28,500     27,250-28,500       27,000-28,000	
	
    Soybean yellow arrivals in tones, and market prices in rupees/ton,	
in and around Indore, according to trade sources:	
                      Arrivals     Auction price          Traders' price	
    Indore              250        26,900-27,750          27,100-27,800	
	
	
    Oil prices (excluding 4 % VAT) in rupees/tonne in Indore:	
                                        Close         Open          Previous	
    Soyoil solvent crushing	
    plant delivery                  66,000-66,100  65,800-65,900  65,400-65,500	
    Soyoil solvent market delivery  66,300-66,400  66,100-66,200  65,700-65,800	
    Soyoil refined crushing	
    plant delivery#                 68,900-69,000  69,200-69,300  68,700-68,800	
    Soyoil refined market delivery# 69,100-69,200  69,400-69,500  68,900-69,000	
	
 -   Prices of soyoil refined, in rupees (including 4 % VAT) per 15-liter tin,	
for market delivery in Indore:	
                                        Close         Open          Previous	
    Soyoil refined (most brands)      1190-1260     1190-1260       1180-1250	
    Soyoil refined (fortune brand)      1280          1280           1270	
	
    Soymeal yellow opening prices in rupees/tonne:	
                                        Close         Open          Previous	
    FOR Mumbai delivery(PP Bags)    21,800-21,850  21,800-21,850  21,500-21,550	
    FOR Bedi Bunder delivery        21,650-21,700  21,650-21,700  21,350-21,400	
    FOR Kakinada delivery           21,750-21,800  21,750-21,800  21,450-21,500	
    Spot delivery(45-46% protein)   20,250-20,300  20,250-20,300  19,950-20,000	
    Spot (48% protein)              20,350-20,400  20,350-20,400  20,050-20,100	
    FAS Mumbai (U.S. $/tonne)           444-445      444-445        438-439	
    FAS Bedi Bunder/Kandla(U.S.$/tonne) 447-448      447-448        441-442	
    FAS Kakinada (U.S. $/tonne)         449-450      449-450        443-444	
    FOR Bedi Bunder/Kandla(U.S.$/tonne) 435-436      435-436        429-430	
    FOR Kakinada (U.S. $/tonne)         437-438      437-438        431-432	
	
    Rapeseed Meal opening prices per tonne:	
                                         Close          Open         Previous	
    FOR Jamnagar (In Rupees)        -not traded-    -not traded-   -not traded-	
    FOR Mumbai	
    (New PP Bags, In Rupees)        -not traded-    -not traded-   -not traded-	
    FAS Bedibunder (In USD)         -not traded-    -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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