March 7, 2013 / 9:59 AM / 5 years ago

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

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

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean yellow          Soybean yellow
                            Wednesday                  Previous
    Market delivery         32,800-33,500           33,000-33,750
    (Auction pric)
    Market delivery         33,000-33,600           33,200-33,800
    (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           450          32,800-33,500           33,000-33,600


     Thursday soybean plant delivery prices (excluding 4 % VAT) in rupees per
tone (10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         34,000
    Ambika Solvex                         --


    AV Agri                               34,000    
    Bajrang Extractions                   33,850
    Betul Oils                            --


    Bhaskar Oils                          --


    Cargil                                --


    Datiya Agro                           --


    Dewas Soya                            --


    Dhanlaxmi Solvex                      34,500
    Divya Jyoti Industries                34,100
    General Foods                         34,200
    Gujarat Ambuja                        34,000
    Indian Rubber                         34,000
    Indraprastha                          --


    Itarsi Oil&Flours                     34,400
    ITC                                   --


    Khandwa Oils                          34,600
    Khaitan Agro Industries               --


    Krishana Oil                          34,000
    Kriti Industries                      34,250
    Lakhmi Solvex                         34,800
    Param Industries                      --


    Prestige Foods                        34,250
    Prakash Solvex                        34,100
    Premier Proteins                      34,250
    Rama Phopsphates                      34,000
    Ruchi Soya Industries                 34,200
    Sonic Biochem                         --


    Vippy Industries                      34,100

    Oil prices in rupees/tone in Indore: (excluding 4 % VAT)
                                              Thursday's open    Previous close
    Soyoil solvent crushing plant delivery    61,100-61,200      61,500-61,600
    Soyoil solvent market delivery            61,400-61,500      61,800-61,900
    Soyoil refined crushing plant delivery#   65,000-65,100      65,200-65,300
    Soyoil refined market delivery#           65,200-65,300      65,400-65,500

    Prices of soy oil refined, in rupees (including 4 % VAT) per 15-liter tin,
for market delivery in Indore:
                                             Thursday's open      Previous close
    Soyoil refined (most brands)                1110-1210          1110-1210
    Soyoil refined (Kriti brand)                1230               1230

    Soymeal yellow opening prices in rupees/tone:

                                             Thursday's open     Previous close
    FOR Mumbai delivery(PP Bags)             31,500-31,550       31,800-31,850
    FOR Bedi Bunder delivery                 31,350-31,400       31,650-31,700
    FOR Kakinada delivery                    31,450-31,500       31,750-31,800
    Spot delivery(45-46% protein)            29,550-29,600       29,850-29,900
    Spot ( 48% protein)                      29,650-29,700       29,950-30,000
    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:
                                              Thursday'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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