December 8, 2014 / 10:43 AM / 3 years ago

Nagpur Soybean, Soyoil, Soymeal Open- Dec 06

Nagpur, Dec 6 (Reuters) - The slide in coconut KP oil prices continued unabated in Vidarbha
region of Western Maharashtra for third day today on persistent selling by stockists amid good
supply from producing regions. Sentiment turned bearish on good crop position reports. Fresh
fall in Madhya Pradesh coconut oil also affected sentiment, according to sources.

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    VIDARBHA MARKETS
    OILS     
    * Soyabean, cottonseed, groundnut loose, groundnut refined, sunflower refined, 
      linseed, rapeseed and castor oils ruled steady here in thin trading activity. 
    * Traders expect downward in coconut KP oil here. 
    
   SOYMEAL
   * Prices today ruled steady here on subdued demand from local traders amid ample stock 
     in ready position.

  SOYABEAN
   * Soyabean prices in Nagpur Agriculture Produce and Marketing Committee (APMC) firmed 
     up again on good demand from local crushing plants amid tight supply from producing 
     regions. Healthy rise in Madhya Pradesh soyabean prices and reported demand from 
     South-based plants also boosted prices. 
     About 4,000 bags reported for auction here and high moisture content 
     soyabean (more than 19 per cent) was available at Rs 25,900 per tonne here, 
     according to sources. 

 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
           Available          Previous
                       Auction price    (Auction price)
    Market delivery    28,000-33,500       27,600-33,400         --
    (Available price)
    Market delivery    28,100-33,600       27,700-33,500          --
    (Traders price)
    Plant delivery     32,000-32,500       32,000-32,500          --

    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              27,300-33,100
    Amravati               200                27,700-33,500 
    Khamgaon               n.a.               n.a.
    Wardha                 200              27,600-33,200 
    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 - 34,300, Hingoli - 34,000, Jalna - n.a.,
    Koosnoor - 34,200, Malkapur - 34,300, Latur - n.a., Nanded - 34,200, 
    Washim - 33,900, 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) Dhan arrival (75 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.            4,300-4,500
    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.            9,800-10,000 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.          1,100-1,150
    Dhan            n.a.            n.a.            1,400-1,946
       
Oil prices in rupees per 10 kilograms:
    NAGPUR
                                 Saturday's open   Previous close    
    Soyoil refined crushing plant delivery         609            609
    Soyoil solvent crushing plant delivery         569            569    
    Cottonseed refined                             585            685
    Cottonseed solvent                             565            665
    Groundnut oil (loose)                          850            850
    Groundnut oil refined (15 Litre)               1,425          1,425
    Sunflower oil refined                          660            660
    Linseed oil                                    760            760
    Rapeseed oil (for 15 kg)                       1,130          1,130
    Castor oil (for 15 kg)                         1,340          1,340
    Coconut KP oil (for 15 kg)                     2,550          2,550

    AMRAVATI
    Soyoil refined                                 607            607
    Soyoil Solvent                                 567            567
    Cottonseed refined                             585            585
    Cottonseed solvent                             565            585
    AKOLA
    Soyoil refined                                 607            607
    Soyoil Solvent                                 567            567        
    Cottonseed refined oil                         586            586
    Cottonseed solvent oil                         564            564

    DHULIA
    Soyoil refined                                 614            614 
  
    AURANGABAD
    Soyoil refined 
                                                611            611
    JALNA
    Soyoil refined 
                                                   613            613
    NANDED
    Soyoil refined                                 612            612
   
    Soyoil refined prices at other places in Maharashtra : Adilabad - 615, 
    Baramati - 614, Chalisgaon - 618, Pachora - 616, Parbhani - 614,
    Koosnoor - 614, Solapur - 616, Supa - 617, Sangli - 617.

Nagpur soymeal prices in rupees per tonne

                 Saturday's open      Previous Close
    Soymeal (Nagpur)                 28,800-29,300        28,800-29,300
    
    Soymeal prices at other places in Maharashtra : Adilabad - 30,300 
    Akola -28,900, Baramati - n.a., Dhulia - 29,800, Hingoli - 30,100, 
    Jalna - 30,000, Koosnoor - 30,000, Latur - 30,200, Nanded - 30,500,
    Pachora - n.a., Solapur - 30,200, Supa - n.a., Sangli - 30,500

WEATHER (NAGPUR)  
Maximum temp. 30.9 degree Celsius (87.6 degree Fahrenheit), minimum temp.
10.2 degree Celsius (55.8 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 31 and 10 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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