March 3, 2017 / 8:06 AM / 6 months ago

Nagpur Soybean, Soyoil, Soymeal Open-March 03,2017

Nagpur Soybean, Soyoil, Soymeal Open-March 3 

Nagpur, Mar 3 (Reuters) – Castor oil in non-edible section today strengthened in Vidarbha region
of Western Maharashtra on increased offtake by soap industries amid healthy rise in producing
belts. Weak production estimates also fuelled prices. Trading activity in other edible oils
reported weak as no trader was in mood for any commitment because of notable hike in
international edible oils, sources said Friday. 


                       *****    

VIDARBHA MARKETS
OILS

  * Soyabean, cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, 
    rapeseed and coconut KP oil today ruled steady here sluggish trading activity.
 
  * Traders expect further rise in castor oil here.
    
   SOYMEAL

   * Soymeal prices today recovered here on good demand from South-based traders amid 
     weak supply from local crushing plants.
         
   SOYABEAN
   * Soyabean prices moved down in Nagpur Agriculture Produce Marketing
     Committee (APMC) on poor buying support from local crushing plants amid high 
     moisture content arrival. Fresh fall in Madhya Pradesh soyabean prices and release 
     of stock from stockists also pushed down prices.
     About 800 soyabean bags reported for auctions here, according to sources. 


 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
               Available          Previous
                       Auction price    (Auction price)
    Market delivery    25,000-26,750       25,000-27,100         --
    (Available price)
    Market delivery    25,100-26,850       25,100-27,200          --
    (Traders price)
    Plant delivery     28,500-29,800       28,500-29,800          --

    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
    Hinganghat             n.a.                   n.a.
    Akola                  300               25,000-26,600
    Amravati               n.a.                n.a. 
    Khamgaon               n.a.                   n.a.
    Wardha                 n.a.            n.a. 
    Arvi                   n.a.                   n.a.
    Umred                  n.a.                   n.a.
    Chandrapur             n.a.            n.a 

    Soyabean plant prices at other places in Maharashtra : Adilabad – n.a., 
    Akola -29,300, Washim – 28,500, Dhulia – 29,600, Hingoli – 28,900, 
    Jalna – 27,500, Koosnoor – 30,300, Malkapur – 29,000, Latur – 29,100, 
    Nanded – 28,900, Solapur – 29,100, Sangli – 29,750.
        
    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), cotton
(100 kg) 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.                4,200-4,600
    Castor                 n.a.            n.a.                2,850-3,000
    Rapeseed               n.a.            n.a.                1,520-1,625
    Til                    n.a.                n.a.                7,500-8,000
    Dhaniya                n.a.            n.a.                6,500-7,000 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.             1,300-1,500
    Dhan            n.a.                n.a.             2,200-2,250
    Cotton            n.a.              n.a.              5,305-5,610

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Friday open   Previous close   
   
    Soyoil refined crushing plant delivery         711            711
    Soyoil solvent crushing plant delivery         671            671    
    Cottonseed refined                             730            730
    Cottonseed solvent                             710            710
    Groundnut oil (loose)                          980            980
    Groundnut oil refined (15 Litre)               1,640          1,640
    Sunflower oil refined                          880            880
    Linseed oil                                    920            920
    Rapeseed oil (for 15 kg)                       1,230          1,230
    Castor oil (for 15 kg)                         1,330          1,300
    Coconut KP oil (for 15 kg)                     2,350          2,350

    AMRAVATI
    Soyoil refined                                 710            710
    Soyoil Solvent                                 670            670
    Cottonseed refined                             730            730
    Cottonseed solvent                             710            710

    AKOLA
    Soyoil refined                                 710            710
    Soyoil Solvent                                 670            670        
    Cottonseed refined oil                         730          730 
    Cottonseed solvent                             710            710

    DHULIA
    Soyoil refined                                 713            713
  
    AURANGABAD
    Soyoil refined 
                                                715            715
    JALNA
    Soyoil refined 
                                                   716            716
    NANDED
    Soyoil refined                                 717            717
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 718, 
    Baramati – 717, Latur - 720, Nanded – 717, Parbhani – 717,
    Koosnoor – 718, Solapur – 717, Supa – 716, Sangli – 720.
                                     
Nagpur soymeal prices in rupees per tonne

                  Friday’s open        Previous Close
    Soymeal (Nagpur)                  23,200-23,600           23,000-23,500
      
    Soymeal prices at other places in Maharashtra : Adilabad – 23,900 
    Akola – 23,400, Washim – 23,700, Dhulia – 24,500, Hingoli – 23,900, 
    Jalna – 23,700, Nandurbar – 24,300, Khamgaon – 23,400, Latur – 23,800, 
    Nanded – 23,600, Parbhani – 23,900, Solapur – 23,800, Supa – n.a., 
    Dharwad – 24,000, Sangli – 24,200

WEATHER (NAGPUR)  
Maximum temp. 36.6 degree Celsius, minimum temp. 18.1 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 37 and 18 degree
Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices.)


            *    *     *    *    *    *

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