June 9, 2012 / 8:51 AM / 5 years ago

Nagpur Soybean, Soyoil, Soymeal Open-JUNE 09

Nagpur, June 9 (Reuters) - Barring a fall in sunflower oil, major edible oil prices today
generally ruled flat in the Vidarbha region of Western Maharashtra in the absence of any
worthwhile trading activity. Slackness in demand from millers and retailers against adequate
stocks mainly pulled sunflower oil prices down. Easy condition in Madhya Pradesh sunflower oil
also affected sentiment, sources said Saturday.	
	
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    VIDARBHA MARKETS	
    OILS	
  * Soyabean, cottonseed, groundnut loose, groundnut refined, linseed, rapeseed, castor	
    and coconut KP oil ruled steady in sluggish trading activity.	
  * Traders expect steady condition in major edible oils prices in thin trading	
    activity.	
	
    SOYMEAL	
   * Prices today declined marginally here on poor demand from local traders amid good	
     supply from crushing plants.	
	
     SOYABEAN	
   * Soyabean prices in the Nagpur Agriculture Produce and Marketing Committee	
     (APMC) firmed up again on increased buying support from local crushing	
     plants amid weak supply from producing regions. Fresh rise in Madhya Pradesh	
     soyabean prices and reported demand from South-based plants also helped to jack up	
     prices.	
   * About 2,500 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    30,500-34,000      29,900-33,800         --	
	
	
    (Available price)	
    Market delivery    30,600-34,100      30,000-33,900         --	
	
	
    (Traders price)	
    Plant delivery     33,700-34,000      33,700-34,000         --	
	
	
	
    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            800               30,500-34,000	
    Hinganghat             n.a.               n.a.	
    Akola                  400                30,200-33,700	
    Amravati               n.a.               n.a.	
    Khamgaon               n.a.               n.a.	
    Wardha                 400                30,500-33,700	
    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 - 34,600, Hingoli - 34,400, Jalna - n.a.,	
    Koosnoor - 34,700, Latur - 34,500, Nanded - 34,000,	
    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.            2,400-2,600	
    Groundnut              n.a.            n.a.            700-900	
    Linseed                n.a.            n.a.            4,100-4,200	
    Castor                 n.a.            n.a.            2,725-2,850	
    Rapeseed               n.a.            n.a.            1,520-1,625	
    Til                    n.a.               n.a.           4,100-4,200	
    Dhaniya                n.a.            n.a.            3,700-3,900	
    Bajra                  n.a.            n.a.               n.a.	
	
Oil prices in rupees per 10 kilograms:	
    NAGPUR	
                                            Saturday's open   Previous close	
    Soyoil refined crushing plant delivery         719            719	
    Soyoil solvent crushing plant delivery         679            679	
    Cottonseed refined                             710            710	
    Cottonseed solvent                             690            690	
    Groundnut oil (loose)                          1,150          1,150	
    Groundnut oil refined (15 Litre)               1,950          1,950	
    Sunflower oil refined                          740            750	
    Linseed oil                                    700            700	
    Rapeseed oil (for 15 kg)                       1,230          1,230	
    Castor oil (for 15 kg)                         1,100          1,100	
    Coconut KP oil (for 15 kg)                     1,260          1,260	
	
    AMRAVATI	
    Soyoil refined                                 718            718	
    Soyoil Solvent                                 678            678	
    Cottonseed refined                             710            710	
    Cottonseed solvent                             690            690	
	
    AKOLA	
    Soyoil refined                                 719            719	
    Soyoil Solvent                                 679            679	
    Cottonseed refined oil                         715            715	
    Cottonseed solvent oil                         695            695	
	
    DHULIA	
    Soyoil refined                                 728            728	
	
    AURANGABAD	
    Soyoil refined                                 730            730	
	
    JALNA	
    Soyoil refined                                 726            726	
	
    LATUR	
    Soyoil refined                                 728            728	
	
    NANDED	
    Soyoil refined                                 731            731	
	
    Soyoil refined prices at other places in Maharashtra : Adilabad - 725,	
    Baramati - 729, Chalisgaon - 728, Pachora - 731, Parbhani - 727,	
    Koosnoor - 728, Solapur - 725, Supa - 729, Sangli - 731.	
	
Nagpur soymeal prices in rupees per tonne	
                               Saturday's open     Previous Close	
    Soymeal (Nagpur)                  27,900-28,100        28,000-28,200	
	
    Soymeal prices at other places in Maharashtra : Adilabad - 28,800	
    Akola - 28,400, Baramati - n.a., Dhulia - 28,700, Hingoli - 28,700,	
    Jalna - 28,700, Koosnoor - 28,900, Latur - 28,700, Nanded - 29,000,	
    Pachora - n.a., Solapur - 29,000, Supa - n.a., Sangli - 29,600.	
	
WEATHER (NAGPUR)	
Maximum temp. 41.8 degree Celsius (107.2 degree Fahrenheit), minimum temp.	
31.5 degree Celsius (88.7 degree Fahrenheit)	
Humidity: Highest - 73 per cent, lowest - 35 per cent.	
FORECAST: Generally cloudy sky. Rains or thundershower likely towards evening or night. Maximum
and Minimum temperature likely to be around 41 and 32 degree Celsius respectively.	
	
Note: n.a.--not available	
Rapeseed is also known as mustard seed.	
	
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