August 31, 2013 / 9:18 AM / 4 years ago

Indore Soybean, Soy oil, Soy meal Open - Aug 31

* Soybean prices opened with sharp fall in Indore mandi today on better arrivals
and increased selling.
* Soy oil refined prices opened up on better buying support at lower prices.    
 
* Soy meal prices opened weak on poor buying inquiries.

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Saturday                  Previous
    Market delivery         34,800-35,900           35,500-36,900
    (Auction price)
    Market delivery         35,000-36,000           35,700-37,000
    (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           850          34,800-35,900           35,000-36,000
    
     
    Saturday soybean plant delivery prices (excluding 4 % VAT) in rupees per
tone (10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         36,000
    Ambika Solvex                         --     
    AV Agri                               --    
    Bajrang Extractions                   --
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      36,250
    Divya Jyoti Industries                36,000
    General Foods                         36,300
    Gujarat Ambuja                        --
    Indian Rubber                         35,750
    Indraprastha                          --
    Itarsi Oil&Flours                     36,000
    ITC                                   --
    Khandwa Oils                          37,000
    Khaitan Agro Industries               --
    Krishana Oil                          --
    Kriti Industries                      37,000
    Lakhmi Solvex                         36,000
    Mahakali                              36,500
    Param Industries                      --
    Prakash Solvex                        36,000
    Prestige Foods                        36,000
    Premier proteins                      --
    Rama                                  36,250
    Ruchi                                 36,300
    Vippy                                 36,000

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

                                              Saturday's open    Previous close
    Soyoil solvent crushing plant delivery    63,600-63,700      63,600-63,700
    Soyoil solvent market delivery            63,900-64,000      63,900-64,000
    Soyoil refined crushing plant delivery#   67,200-67,300      66,700-66,800
    Soyoil refined market delivery#           67,400-67,500      66,900-67,000

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

    

                                             Saturday's open      Previous close
    Soyoil refined (most brands)                1100-1190          1100-1190
    Soyoil refined (Kriti brand)                1200               1200
 
    Soymeal yellow opening prices in rupees/tone:

                                             Saturday'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)            31,900-31,950       32,900-32,950
    Spot ( 48% protein)                      32,000-32,050       33,000-33,050
    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:
                                             Saturday'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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