March 20, 2012 / 9:33 AM / 6 years ago

Nagpur Soybean, Soyoil, Soymeal Open- Mar 20

In range-bound trade, soyabean oil prices declined at the Vidarbha region of Western Maharashtra
on subdued demand at prevailing levels amid weak trend in overseas markets. Sentiment in turned
bearish after Malaysian palm oil and American soya digam reported down. Fresh fall in Madhya
Pradesh soyabean oil also affected sentiment, sources said Tuesday.	
	
                   *              *              *              *	
	
    VIDARBHA MARKETS	
    OILS    	
  * Cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, 	
    castor, rapeseed and coconut KP oils reported static in sluggish trading activity. 	
  * Traders expect nearly steady trend in major edible oils here.	
	
    SOYMEAL	
   * Prices today ruled steady here but demand was poor in thin trading activity. 	
	
     SOYABEAN	
    * Soyabean prices in the Nagpur Agriculture Produce and Marketing Committee (APMC)	
      moved down on lack of demand from local crushing plants amid high moisture content 	
      arrival. Fresh fall in soyabean oil, no takers to soymeal and easy condition on 	
      Madhya Pradesh soyabean mandi also pulled down prices in thin trading activity.	
    * About 10,000 bags reported for auction in major soyabean mandis in 	
      Vidarbha, according to sources. 	
	
    Nagpur soybean prices in rupees/tonne:	
                           -----Soybean yellow-----       Soybean black	
           Available          Previous	
                       Auction price    (Auction price)	
    Market delivery    23,500-27,600      23,500-27,900         --	
    (Available price)	
    Market delivery    23,600-27,700      23,600-28,000         --	
    (Traders price)	
    Plant delivery     27,000-27,500      27,000-27,500         --	
	
    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	
    Nagpur            2,000              23,500-27,600	
    Hinganghat             n.a.               n.a.	
    Akola                  1,000              23,500-27,000	
    Amravati               n.a.               n.a. 	
    Khamgaon               n.a.               n.a.	
    Wardha                 1,000              23,000-27,300 	
    Arvi                   n.a.               n.a.	
    Umred                  n.a.               n.a.	
    Chandrapur             n.a.               n.a.	
    	
    Soyabean prices at other places in Maharashtra : Adilabad - n.a., 	
    Baramati - n.a., Dhulia - 28,100, Hingoli - 27,900, Jalna - n.a.,	
    Koosnoor - 27,900, Latur - 28,200, Nanded - 28,000, 	
    Sangli - n.a.	
    	
    Sunflower arrivals (in 50-kg bag), Rapeseed (in 40 Kg bag), groundnut and	
Dhaniya arrivals (in 40 kg bag), linseed arrival (90 kg bag) and prices (in	
rupees per 100 kilogram) in Nagpur, according to APMC sources:	
                        Deliveries    Available prices    Previous close	
    Sunflower              n.a.            n.a.            2,450-2,550	
    Groundnut              n.a.            n.a.            700-900	
    Linseed                n.a.            n.a.            3,950-4,100	
    Castor                 n.a.            n.a.            3,800-3,900	
    Rapeseed               n.a.            n.a.            1,520-1,625	
    Til                    n.a.               n.a.           4,100-4,200	
    Dhaniya                n.a.            n.a.            3,900-4,100	
    Bajra                  n.a.            n.a.               n.a.	
	
Oil prices in rupees per 10 kilograms:	
    NAGPUR	
                                            Tuesday's open   Previous close	
    Soyoil refined crushing plant delivery         721            723	
    Soyoil solvent crushing plant delivery         681            683	
    Cottonseed refined                             700            700	
    Cottonseed solvent                             680            680	
    Groundnut oil (loose)                          1,030          1,030	
    Groundnut oil refined (15 Litre)               1,810          1,810	
    Sunflower oil refined                          800            800	
    Linseed oil                                    860            860	
    Rapeseed oil (for 15 kg)                       1,270          1,270	
    Castor oil (for 15 kg)                         1,300          1,300	
    Coconut KP oil (for 15 kg)                     1,380          1,380	
	
    AMRAVATI	
    Soyoil refined                                 718            720	
    Soyoil Solvent                                 678            680	
    Cottonseed refined                             710            710	
    Cottonseed solvent                             690            690	
	
    AKOLA	
    Soyoil refined                                 720            722	
    Soyoil Solvent                                 680            682	
    Cottonseed refined oil                         715            715	
    Cottonseed solvent oil                         695            695	
	
    DHULIA	
    Soyoil refined                                 725            727	
    	
    AURANGABAD	
    Soyoil refined                                 722            725	
	
    JALNA	
    Soyoil refined                                 722            727	
	
    LATUR	
    Soyoil refined                                 720            723	
	
    NANDED	
    Soyoil refined                                 727            728	
    	
    Soyoil refined prices at other places in Maharashtra : Adilabad - 727, 	
    Baramati - 730, Chalisgaon - 730, Pachora - 725, Parbhani - 727,	
    Koosnoor - 723, Solapur - 730, Supa - 727, Sangli - 728.	
	
	
Nagpur soymeal prices in rupees per tonne	
                             Tuesday's open       Previous Close	
    Soymeal (Nagpur)                20,200-20,700         20,200-20,700	
	
    Soymeal prices at other places in Maharashtra : Adilabad - 19,500 	
    Akola - 19,600, Baramati - n.a., Dhulia - 19,800, Hingoli - 20,000, 	
    Jalna - 20,500, Koosnoor - 20,100, Latur - 19,900, Nanded - 20,200,	
    Pachora - n.a., Solapur - 20,400, Supa - n.a., Sangli - 22,000. 	
	
	
WEATHER (NAGPUR)  	
Maximum temp. 38.9 degree Celsius (102.0 degree Fahrenheit), minimum temp.	
22.0 degree Celsius (71.6 degree Fahrenheit)	
Humidity: Highest - 47 per cent, lowest - 12 per cent.	
FORECAST: Mainly clear sky. Maximum and Minimum temperature likely to be around 40 and 21 degree
Celsius respectively.	
	
Note: n.a.--not available	
Rapeseed is also known as mustard seed.

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