October 12, 2013 / 8:50 AM / 4 years ago

Indore Soybean, Soy oil, Soy meal Open - October 12

* Indore mandi closed today due to Durga Ashtmi.
* Soy oil prices opened weak on poor buying support against better selling at
higher prices.
* Soy meal prices opened steady on limited buying inquiries.

    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Saturday                  Previous
    Market delivery         Closed                  31,000-37,400
    (Auction price)    
    Market delivery         Closed                  32,000-37,500
    (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          --

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

    Adani Exports                         35,000
    Ambika Solvex                         35,800
    AV Agri                               36,000    
    Bajrang Extractions                   --

    Betul Oils                            --

    Bhaskar Oils                          --

    Cargill                               --

    Datiya Agro                           --

    Dewas Soya                            --

    Dhanlaxmi Solvex                      --

    Divya Jyoti Industries                35,500
    General Foods                         35,900
    Gujarat Ambuja                        35,000
    Indian Rubber                         35,750
    Indraprastha                          --

    Itarsi Oil&Flours                     --

    ITC                                   --

    Khandwa Oils                          35,250
    Khaitan Agro Industries               --

    Krishana Oil                          36,000
    Kriti Industries                      36,000
    Lakhmi Solvex                         36,000
    Mahakali                              36,000
    Param Industries                      --

    Prakash Solvex                        36,000
    Prestige Foods                        36,000
    Premier proteins                      36,000
    Rama                                  --

    Ruchi                                 35,900
    Vippy                                 35,750

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

                                              Saturday's open    Previous close
    Soyoil solvent crushing plant delivery    64,800-64,900      65,000-65,100
    Soyoil solvent market delivery            65,100-65,200      65,300-65,400
    Soyoil refined crushing plant delivery#   67,500-67,600      67,700-67,800
    Soyoil refined market delivery#           67,700-67,800      67,900-68,000

    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)                1110-1200          1110-1200
    Soyoil refined (Kriti brand)                1210               1210

    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       31,900-31,950
    Spot ( 48% protein)                      32,000-32,050       32,000-32,050
    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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