February 5, 2015 / 8:34 AM / 3 years ago

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

- Soybean prices open weak in Indore mandi today on poor buying support at
higher prices. According to trade sources about 1.00 lac bags (100 kg each)
arrived in mandies of the Madhya Pradesh state. 
- Soy oil prices opened steady on limited buying support at higher prices.
- Soy meal prices opened steady on limited buying inquiries.

       
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Thursday                    Previous
    Market delivery         32,500-33,400             
33,000-34,100
    (Auction prices)       
    Market delivery         32,700-33,500             33,200-34,200
    (Traders' prices)

    Soybean yellow arrivals in tones, and market prices in rupees/tone, in
Indore, according to trade sources

                           Arrivals     Auction price          Traders' price
    Indore                  800        32,500-33,400          32,700-33,500     
           
    
     
   Thursday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         --
    Ambika Solvex                         -- 
    AV Agri                               33,750    
    Bajrang Extractions                   ---
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      34,500
    Divya Jyoti Industries                33,700
    General Foods                         34,350
    Gujarat Ambuja                        33,000
    Indian Rubber                         33,500
    Indraprastha                          --
    Itarsi Oil&Flours                     34,500
    ITC                                   --
    Khandwa Oils                          34,000
    Khaitan Agro Industries               --
    Krishana Oil                          --
    Kriti Industries                      33,750
    Lakhmi Solvex                         34,500
    Mahakali                              33,750
    Param Industries                      --
    Prakash Solvex                        34,000
    Prestige Foods                        34,000
    Premier proteins                      34,500
    Rama                                  33,000
    Ruchi                                 34,350
    Vippy                                 34,000

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

                                            



Thursday open      Previous close
    Soyoil solvent crushing plant delivery    61,500-61,600      61,500-61,600
    Soyoil solvent market delivery            61,800-61,900      61,800-61,900
    Soyoil refined crushing plant delivery#   63,800-63,900      63,800-63,900
    Soyoil refined market delivery#           64,000-64,100      64,000-64,100

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

    
                                            
Thursday open      Previous close
    Soyoil refined (most brands)                1140-1210          1140-1210
    Soyoil refined (Kriti brand)                1220               1220
 
    Soymeal yellow opening prices in rupees/tone:

                                            Thursday's open     Previous 
    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)            28,700-28,750       28,700-28,750
    Spot ( 48% protein)                      28,800-28,850       28,800-28,850
    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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