July 6, 2013 / 11:24 AM / 4 years ago

Nagpur Soybean, Soyoil, Soymeal Open-July 6

Nagpur, July 6 (Reuters) - Barring a fall in groundnut 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 groundnut oil prices down. Reports about pumper groundnut crop in producing
regions like Gujarath, Tamilnadu and Marathwada also pushed down prices, sources said Saturday.

                 *              *              *              *

    VIDARBHA MARKETS
    OILS
   * Soyabean, cottonseed, sunflower refined, linseed, rapeseed, castor and coconut KP
     oils ruled steady in limited trading activity.
   * Traders expect nearly steady trend in major edible oils.

   SOYMEAL
   * Prices today recovered marginally on increased demand from local traders amid short
     supply from crushing plants.

   SOYABEAN
   * Soyabean prices in Nagpur APMC moved down on lack of demand from local crushing
     plants amid high moisture content arrival. No takers to soyabean oil, increased
     supply from producing belts and downward trend in Madhya Pradesh soyabean prices
     also affected sentiment in thin trading activity, according to sources.

 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
           Available          Previous
                       Auction price    (Auction price)
    Market delivery    34,000-37,600       34,300-38,100         --




    (Available price)
    Market delivery    34,100-37,700       34,400-38,100         --




    (Traders price)
    Plant delivery     37,500-38,000       37,500-38,000         --





    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            100                   34,000-37,600
    Hinganghat             n.a.               n.a.
    Akola                  100              34,500-37,200
    Amravati               n.a.               n.a.
    Khamgaon               n.a.               n.a.
    Wardha                 100              34,100-37,200
    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 - 38,300, Hingoli - 37,700, Jalna - n.a.,
    Koosnoor - 37,700, Malkapur - 37,800, Latur - n.a., Nanded - 38,100,
    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.            4,200-4,500
    Castor                 n.a.            n.a.            2,700-2,850
    Rapeseed               n.a.            n.a.            1,520-1,625
    Til                    n.a.                n.a.            7,800-8,000
    Dhaniya                n.a.            n.a.            6,400-6,600
    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
                                 Saturday's open   Previous close
    Soyoil refined crushing plant delivery         693            693
    Soyoil solvent crushing plant delivery         653            653
    Cottonseed refined                             680            680
    Cottonseed solvent                             660            660
    Groundnut oil (loose)                          1,070          1,080
    Groundnut oil refined (15 Litre)               1,840          1,850
    Sunflower oil refined                          900            900
    Linseed oil                                    730            730
    Rapeseed oil (for 15 kg)                       1,130          1,130
    Castor oil (for 15 kg)                         1,220          1,220
    Coconut KP oil (for 15 kg)                     1,250          1,250

    AMRAVATI
    Soyoil refined                                 692            692
    Soyoil Solvent                                 652            652
    Cottonseed refined                             680            680
    Cottonseed solvent                             660            660

    AKOLA
    Soyoil refined                                 691            691
    Soyoil Solvent                                 651            651
    Cottonseed refined oil                         685            685
    Cottonseed solvent oil                         665            665

    DHULIA
    Soyoil refined                                 702            702

    AURANGABAD
    Soyoil refined                                 702            702

    JALNA
    Soyoil refined                                 701            701
    LATUR
    Soyoil refined                                 705            705

    NANDED
    Soyoil refined                                 707            707

    Soyoil refined prices at other places in Maharashtra : Adilabad - 709,
    Baramati - 709, Chalisgaon - 705, Pachora - 707, Parbhani - 709,
    Koosnoor - 707, Solapur - 708, Supa - 709, Sangli - 711.

Nagpur soymeal prices in rupees per tonne
                            Saturday's open     Previous Close
    Soymeal (Nagpur)               33,300-33,600        33,200-33,500

    Soymeal prices at other places in Maharashtra : Adilabad - 33,700
    Akola -33,300, Baramati - n.a., Dhulia - 33,900, Hingoli - 33,800,
    Jalna - 34,000, Koosnoor - 34,200, Latur - 35,200, Nanded - 34,900
    Pachora - n.a., Solapur - 35,000, Supa - n.a., Sangli - 36,100

WEATHER (NAGPUR)
Maximum temp. 30.3 degree Celsius (80.5 degree Fahrenheit), minimum temp.
23.6 degree Celsius (74.5 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : 1.2 mm
FORECAST: Generally cloudy sky with rains or thunder-showers likely towards evening or night.
Maximum and Minimum temperature likely to be around 31 and 24 degree Celsius respectively.

Note: n.a.--not available

               *            *              *              *

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below