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Nagpur Foodgrain Prices Open- January 09, 2017
January 9, 2017 / 8:33 AM / 9 months ago

Nagpur Foodgrain Prices Open- January 09, 2017

Nagpur Soybean, Soyoil, Soymeal Open-January 9

Nagpur, Jan 9 (Reuters) - Linseed oil in non-edible section and coconut KP oil today recovered
in Vidarbha region of Western Maharashtra on increased seasonal demand from local traders amid
weak supply from producing regions. Fresh rise in overseas oil affected trading activity in
major edible oils as traders adopted wait and watch move, sources said Monday.


                       *****    

VIDARBHA MARKETS
OILS
   
   * Soyabean, cottonseed, groundnut loose, groundnut refined, sunflower refined, 
     rapeseed and castor oils ruled steady here in thin trading activity. 
   * Traders expect nearly steady trend in major edible oils here.
    
   SOYMEAL

   * Soymeal prices today ruled steady here but demand was poor in weak trading activity.  
        
   SOYABEAN
   * Soyabean prices declined in Nagpur Agriculture Produce Marketing 
     Committee (APMC) auctions on poor demand from local crushing plants 
     amid high moisture content arrival. No taker to soyabean oil & soymeal, easy 
     condition on NCDEX and downward trend in Madhya Pradesh soyabean prices also 
     affected morale of crushing plants. 
     About 1,000 soyabean bags reported for auction here, according to 
     sources. 


 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
               Available          Previous
                       Auction price    (Auction price)
    Market delivery    25,000-27,700       25,800-28,900         --
    (Available price)
    Market delivery    25,100-27,800       25,900-29,000          --
    (Traders price)
    Plant delivery     29,000-30,300       29,300-30,500          --

    Soybean yellow arrivals (in 90-kg bags) and prices (in rupees per tonne) 
in Vidarbha, according to officials of Agriculture Produce Marketing Committee
and trade sources.
                         Deliveries          Available prices
    Hinganghat             n.a.                   n.a.
    Akola                  400               25,000-27,300
    Amravati               n.a.                n.a. 
    Khamgaon               n.a.                   n.a.
    Wardha                 n.a.            n.a. 
    Arvi                   n.a.                   n.a.
    Umred                  n.a.                   n.a.
    Chandrapur             n.a.            n.a 

    Soyabean plant prices at other places in Maharashtra : Adilabad - n.a., 
    Akola -29,700, Washim - 29,200, Dhulia - 29,600, Hingoli - 29,300, 
    Jalna - 29,300, Koosnoor - 30,300, Malkapur - 29,600, Latur - 29,500, 
    Nanded - 28,800, Solapur - 30,000, Sangli - 30,200.
        
    Sunflower arrivals (in 50-kg bag), Rapeseed (in 40 Kg bag), groundnut and
Dhaniya arrivals (in 40 kg bag), linseed arrival (90 kg bag), Dhan arrival (75 kg bag), cotton
(100 kg) and prices (in rupees per 100 kilogram) in Nagpur, according to APMC sources:

                        Deliveries    Available prices    Previous close
    Sunflower              n.a.            n.a.            2,400-2,600
    Groundnut              n.a.            n.a.            700-900
    Linseed                n.a.            n.a.            4,200-4,600
    Castor                 n.a.            n.a.            3,000-3,200
    Rapeseed               n.a.            n.a.            1,520-1,625
    Til                    n.a.                n.a.            7,500-8,000
    Dhaniya                n.a.            n.a.            6,500-7,000 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.        1,200-1,315        1,250-1,400
    Dhan            10            1,600-1,964        1,700-1,980
    Cotton            154        5,325-5,425        5,300-5,450

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Monday open   Previous close   
   
    Soyoil refined crushing plant delivery         754            754
    Soyoil solvent crushing plant delivery         714            714    
    Cottonseed refined                             750            750
    Cottonseed solvent                             730            730
    Groundnut oil (loose)                          1,060          1,060
    Groundnut oil refined (15 Litre)               1,740          1,740
    Sunflower oil refined                          1,010          1,010
    Linseed oil                                    1,020          1,010
    Rapeseed oil (for 15 kg)                       1,430          1,430
    Castor oil (for 15 kg)                         1,280          1,280
    Coconut KP oil (for 15 kg)                     1,900          1,880

    AMRAVATI
    Soyoil refined                                 753            753
    Soyoil Solvent                                 713            713
    Cottonseed refined                             750            750
    Cottonseed solvent                             730            730

    AKOLA
    Soyoil refined                                 753            753
    Soyoil Solvent                                 713            713        
    Cottonseed refined oil                         750          750 
    Cottonseed solvent                             730            730

    DHULIA
    Soyoil refined                                 760            760
  
    AURANGABAD
    Soyoil refined 
                                                759            759
    JALNA
    Soyoil refined 
                                                   760            760
    NANDED
    Soyoil refined                                 760            760
   
    Soyoil refined prices at other places in Maharashtra : Adilabad - 759, 
    Baramati - 762, Chalisgaon - 760, Pachora - 761, Parbhani - 761,
    Koosnoor - 762, Solapur - 760, Supa - 758, Sangli - 760.
                                     
Nagpur soymeal prices in rupees per tonne

                  Monday's open       Previous Close
    Soymeal (Nagpur)                  23,600-24,100         23,600-24,100
      
    Soymeal prices at other places in Maharashtra : Adilabad - 24,200 
    Akola - 23,800, Washim - 23,700, Dhulia - 24,200, Hingoli - 23,900, 
    Jalna - 23,500, Nandurbar - 24,100, Khamgaon - 23,500, Latur - 23,900, 
    Nanded - 23,600, Parbhani - 23,500, Solapur - 24,200, Supa - n.a., 
    Dharwad - 24,000, Sangli - 24,500

WEATHER (NAGPUR)  
Maximum temp. 29.0 degree Celsius, minimum temp. 14.3 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 29 and 13 degree
Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices.)

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