May 30, 2013 / 1:57 PM / 4 years ago

Nagpur Soybean, Soyoil, Soymeal Open-May 30

Nagpur, May 30 (Reuters) - Barring a marginal fall in soyabean 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 soyabean oil prices down. Easy condition on international edible oil market
and fresh fall on NCDEX also affected sentiment, sources said Thursday.
       
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    VIDARBHA MARKETS
    OILS    
   * Cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, rapeseed,
     castor and coconut KP oil prices ruled steady in weak trading activity.
   * Traders expect further fall in soyabean oil here as overseas soya digam arrival 
     reported high.

   SOYMEAL
   * Soymeal prices today ruled steady here but demand was poor in thin trading activity.
    
   SOYABEAN
   * Soyabean prices reported lower in Nagpur APMC recovered smartly on increased demand 
     from local crushing plants amid tight supply from producing regions. Fresh rise on 
     NCDEX, upward trend in Madhya Pradesh soyabean prices and fresh enquiries from 
     South-based crushing plants also boosted prices.

 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
           Available          Previous
                       Auction price    (Auction price)
    Market delivery    34,500-37,600       34,000-37,000         --
    (Available price)
    Market delivery    34,600-37,700       34,100-37,100         --
    (Traders price)
    Plant delivery     40,200-40,800       40,200-40,800         --

    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            200                   34,500-36,600
    Hinganghat             n.a.               n.a.
    Akola                  100              34,500-36,900
    Amravati               100              34,100-37,000 
    Khamgaon               n.a.               n.a.
    Wardha                 100              34,000-36,800 
    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 - 37,800, Hingoli - 37,400, Jalna - n.a.,
    Koosnoor - 37,900, Malkapur - 37,800, Latur - n.a., Nanded - 37,400, 
    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.            2,500-2,600
    Groundnut              n.a.            n.a.            700-900
    Linseed                n.a.            n.a.            4,300-4,500
    Castor                 n.a.            n.a.            2,800-3,000
    Rapeseed               n.a.            n.a.            1,520-1,625
    Til                    n.a.                n.a.            7,800-8,000
    Dhaniya                n.a.            n.a.            6,400-6,900 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.          1,100-1,150

Oil prices in rupees per 10 kilograms:
    NAGPUR
                                 Thursday's open   Previous close
    Soyoil refined crushing plant delivery         707            710
    Soyoil solvent crushing plant delivery         667            669
    Cottonseed refined                             690            690
    Cottonseed solvent                             665            665
    Groundnut oil (loose)                          1,260          1,260
    Groundnut oil refined (15 Litre)               2,090          2,090
    Sunflower oil refined                          930            930
    Linseed oil                                    790            790
    Rapeseed oil (for 15 kg)                       1,080          1,080
    Castor oil (for 15 kg)                         1,220          1,220
    Coconut KP oil (for 15 kg)                     1,310          1,310

    AMRAVATI
    Soyoil refined                                 702            705
    Soyoil Solvent                                 663            665
    Cottonseed refined                             690            690
    Cottonseed solvent                             670            670

    AKOLA
    Soyoil refined                                 703            705
    Soyoil Solvent                                 661            665
    Cottonseed refined oil                         692            692
    Cottonseed solvent oil                         672            672

    DHULIA
    Soyoil refined                                 720            722
    
    AURANGABAD
    Soyoil refined                                 723            725

    JALNA
    Soyoil refined                                 722            723

    LATUR
    Soyoil refined                                 720            722

    NANDED
    Soyoil refined                                 723            725
    
    Soyoil refined prices at other places in Maharashtra : Adilabad - 726, 
    Baramati - 721, Chalisgaon - 722, Pachora - 727, Parbhani - 725,
    Koosnoor - 722, Solapur - 723, Supa - 724, Sangli - 725.

Nagpur soymeal prices in rupees per tonne
                             Thursday's open      Previous Close
    Soymeal (Nagpur)                33,200-33,500         33,200-33,500

    Soymeal prices at other places in Maharashtra : Adilabad - 33,500 
    Akola - 33,300, Baramati - n.a., Dhulia - 34,000, Hingoli - 33,800, 
    Jalna - 34,100, Koosnoor - 34,000, Latur - 33,900, Nanded - 33,700
    Pachora - n.a., Solapur - 34,500, Supa - n.a., Sangli - 35,500

WEATHER (NAGPUR)  
Maximum temp. 44.7 degree Celsius (112.5 degree Fahrenheit), minimum temp.
32.6 degree Celsius (90.7 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : Nil.
FORECAST: Partly cloudy sky with possibility of rains or thundershowers toward evening or night.
Maximum and Minimum temperature likely to be around 44 and 29 degree Celsius respectively.

Note: n.a.--not available

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