December 10, 2012 / 9:58 AM / 5 years ago

Indore Soybean, Soy oil, Soy meal Open - Dec 10

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

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean yellow          Soybean yellow
                            Monday                  Previous
    Market delivery         31,000-31,750           30,600-31,600
    (Auction price
    Market delivery         31,200-31,800           30,800-31,700
    (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           700          31,000-31,750           31,200-31,800         
    
     
     Monday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):
    Adani Exports                         32,300
    Ambika Solvex                         --
    AV Agri                               32,250    
    Bajrang Extractions                   --
    Betul Oils                            32,200
    Bhaskar Oils                          --
    Cargil                                --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      33,000
    Divya Jyoti Industries                32,100
    General Foods                         32,700
    Gujarat Ambuja                        32,300
    Indian Rubber                         31,800
    Indraprastha                          --
    Itarsi Oil&Flours                     32,500
    ITC                                   --
    Khandwa Oils                          32,500
    Khaitan Agro Industries               --
    Krishana Oil                          32,300
    Kriti Industries                      32,750
    Lakhmi Solvex                         32,800
    Param Industries                      --
    Prestige Foods                        32,400
    Prakash Solvex                        32,250
    Premier Proteins                      32,500
    Rama Phopsphates                      32,500
    Ruchi Soya Industries                 32,700
    Sonic Biochem                         --
    Vippy Industries                      32,500

    Oil prices in rupees/tone in Indore: (excluding 4 % VAT)
                                               Monday's open     Previous close
    Soyoil solvent crushing plant delivery    65,500-65,600      65,500-65,600
    Soyoil solvent market delivery            65,800-65,900      65,800-65,900
    Soyoil refined crushing plant delivery#   69,200-69,300      69,200-69,300
    Soyoil refined market delivery#           69,400-69,500      69,400-69,500

    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)                1100-1200          1100-1200
    Soyoil refined (Kriti brand)                1220               1220
 
    Soymeal yellow opening prices in rupees/tone:
                                               Monday's open     Previous close
    FOR Mumbai delivery(PP Bags)             28,300-28,350       28,200-28,250
    FOR Bedi Bunder delivery                 28,150-28,200       28,050-28,100
    FOR Kakinada delivery                    28,250-28,300       28,150-28,200
    Spot delivery(45-46% protein)            26,600-26,650       26,500-26,550
    Spot ( 48% protein)                      26,700-26,750       26,600-26,650
    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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