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Indore Soybean, Soy oil, Soy meal Open - Aug 05
August 5, 2013 / 11:00 AM / in 4 years

Indore Soybean, Soy oil, Soy meal Open - Aug 05

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

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Monday                  Previous
    Market delivery         32,000-32,900           32,000-32,900
    (Auction price)
    Market delivery         32,200-33,000           32,200-33,000
    (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           90           32,000-32,900           32,200-33,000
    
     
    Monday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         32,500
    Ambika Solvex                         --       
    AV Agri                               33,250    
    Bajrang Extractions                   --
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            33,400
    Dhanlaxmi Solvex                      --
    Divya Jyoti Industries                33,600
    General Foods                         33,800
    Gujarat Ambuja                        33,000
    Indian Rubber                         --
    Indraprastha                          --
    Itarsi Oil&Flours                     33,500
    ITC                                   --
    Khandwa Oils                          33,250
    Khaitan Agro Industries               --
    Krishana Oil                          32,750
    Kriti Industries                      33,800
    Lakhmi Solvex                         33,600
    Mahakali                              33,750
    Param Industries                      --
    Prakash Solvex                        33,700
    Prestige Foods                        33,750
    Premier proteins                      33,500
    Rama                                  --
    Ruchi                                 33,800
    Vippy                                 33,400

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

                                                Monday's open    Previous close
    Soyoil solvent crushing plant delivery    60,600-60,700      60,800-60,900
    Soyoil solvent market delivery            60,900-61,000      61,100-61,200
    Soyoil refined crushing plant delivery#   63,700-63,800      63,900-64,000
    Soyoil refined market delivery#           63,900-64,000      64,100-64,200

    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)                1070-1160          1070-1160
    Soyoil refined (Kriti brand)                1170               1170
 
    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)            29,200-29,250       29,300-29,350
    Spot ( 48% protein)                      29,300-29,350       29,400-29,450
    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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