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Nagpur Soybean, Soyoil, Soymeal Open- MAR 24
March 24, 2017 / 8:55 AM / 6 months ago

Nagpur Soybean, Soyoil, Soymeal Open- MAR 24

Nagpur Soybean, Soyoil, Soymeal Open-March 24 

Nagpur, Mar 24 (Reuters) – Groundnut oil prices today zoomed up in Vidarbha region of Western
Maharashtra on increased offtake by vanaspati millers amid a firming trend in producing regions
Like Gujarath, Tamilnadu and Marathwada. Weak supply from producing belt and local traders
demand looking towards festival season also fuelled prices. Trading activity in major edible
oils reported because of downward trend in Malaysian palm and American soya digam prices,
according to sources, sources said Friday.


                       *****    

VIDARBHA MARKETS
OILS

  * Meanwhile, rapeseed oil in non-section showed weak tendency in absence of buyers amid 
    increased supply from producing regions.
  * Soyabean, cottonseed, sunflower refined, linseed, castor and coconut KP oil today 
    ruled steady here in sluggish trading activity. 
  * Traders expect further rise in groundnut oil here.
    
   SOYMEAL

   * Soymeal prices today ruled steady here but demand was poor. Downward trend in 
     overseas soymeal prices also affected sentiment.
         
   SOYABEAN
   * Soyabean prices firmed up again in Nagpur Agriculture Produce Marketing
     Committee (APMC) on good buying support from local crushing plants amid thin supply 
     from producing regions. Weak arrival in Madhya Pradesh soyabean mandi and reported 
     demand from South-based plant also boosted 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    25,000-28,000       25,000-27,500         --
    (Available price)
    Market delivery    25,100-28,100       25,100-27,600          --
    (Traders price)
    Plant delivery     28,300-29,000       28,000-29,000          --

    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
    Hinganghat             n.a.                   n.a.
    Akola                  400               24,800-27,600
    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 -29,500, Washim – 28,500, Dhulia – 29,700, Hingoli – 29,900, 
    Jalna – 29,000, Koosnoor – 29,700, Malkapur – 29,200, Latur – 29,500, 
    Nanded – 29,500, Solapur – 29,900, Sangli – 30,200.
        
    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.                5,500-6,000 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.             1,350-1,500
    Dhan            n.a.                n.a.             2,200-2,250
    Cotton            n.a.              n.a.               4,600-5,500

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Friday open   Previous close   
   
    Soyoil refined crushing plant delivery         689            689
    Soyoil solvent crushing plant delivery         649            651    
    Cottonseed refined                             725            725
    Cottonseed solvent                             705            705
    Groundnut oil (loose)                          1,020          1,000
    Groundnut oil refined (15 Litre)               1,700          1,670
    Sunflower oil refined                          880            880
    Linseed oil                                    910            910
    Rapeseed oil (for 15 kg)                       1,200          1,220
    Castor oil (for 15 kg)                         1,520          1,520
    Coconut KP oil (for 15 kg)                     2,350          2,350

    AMRAVATI
    Soyoil refined                                 687            687
    Soyoil Solvent                                 647            647
    Cottonseed refined                             730            730
    Cottonseed solvent                             710            710

    AKOLA
    Soyoil refined                                 687            687
    Soyoil Solvent                                 647            647        
    Cottonseed refined oil                         730          730 
    Cottonseed solvent                             710            710

    DHULIA
    Soyoil refined                                 695            695
  
    AURANGABAD
    Soyoil refined 
                                                695            695
    JALNA
    Soyoil refined 
                                                   698            698
    NANDED
    Soyoil refined                                 698            698
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 695, 
    Baramati – 698, Latur - 697, Nanded – 700, Parbhani – 700,
    Koosnoor – 697, Solapur – 702, Supa – 701, Sangli – 701.
                                     
Nagpur soymeal prices in rupees per tonne

                  Friday’s open      Previous Close
    Soymeal (Nagpur)                  23,000-23,500          23,000-23,500
      
    Soymeal prices at other places in Maharashtra : Adilabad – 23,900 
    Akola – 23,900, Washim – 23,800, Dhulia – 24,400, Hingoli – 24,200, 
    Jalna – 23,800, Nandurbar – 24,300, Khamgaon – 24,100, Latur – 24,300, 
    Nanded – 23,800, Parbhani – 24,000, Solapur – 23,800, Supa – n.a., 
    Dharwad – 24,200, Sangli – 24,500

WEATHER (NAGPUR)  
Maximum temp. 40.6 degree Celsius, minimum temp. 21.5 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 41 and 21 degree
Celsius respectively.

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


            *    *     *    *    *    *

Nagpur Foodgrain Prices – APMC/Open Market-March 24

Nagpur, Mar 24 (Reuters) – Gram prices zoomed up in Nagpur Agriculture Producing and Marketing
Committee (APMC) on good seasonal demand from local millers amid thin supply from producing
belts. Healthy rise in Madhya Pradesh gram prices and enquiries from South-based millers also
boosted prices. About 5,200 bags of gram and 5,700 bags of tuar reported for auctions here,
according to sources. 

    FOODGRAINS & PULSES
 
   GRAM
   * Desi gram prices recovered further in open market on good demand from local 
     traders amid weak supply from producing regions.  
   
   TUAR
   * Tuar varieties ruled steady in open market here in absence of buyers amid ample 
     stock in ready position.

   * Udid varieties firmed up in open market on increased buying support from 
     traders amid thin supply from producing regions.
              
                                            
   * In Akola, Tuar New – 4,550-4,650, Tuar dal (clean) – 6,800-7,200, Udid Mogar (clean)
    – 9,500-9,900, Moong Mogar (clean) 6,700-7,000, Gram – 5,800-6,100, Gram Super best 
     bold – 7,500-7,700 for 100 kg.

   * Wheat, rice and other commodities moved in a narrow range in 
     scattered deals and settled at last levels. 
       
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
    
     FOODGRAINS                 Available prices     Previous close   
     Gram Auction                     5,700-6,250         5,400-5,900
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                4,000-4,525         3,900-4,525
     Moong Auction                n.a.                4,000-4,400
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            7,500-8,000        7,500-8,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            6,600-7,000        6,600-7,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            4,700-4,800        4,700-4,800
     Desi gram Raw                5,350-5,450         5,300-5,400
     Gram Yellow                 7,700-8,200        7,700-8,200
     Gram Kabuli                11,800-13,000        11,800-13,000
     Tuar Fataka Best-New             7,000-7,500        7,000-7,500
     Tuar Fataka Medium-New        6,500-6,800        6,500-6,800
     Tuar Dal Best Phod-New        6,100-6,300        6,100-6,300
     Tuar Dal Medium phod-New        5,600-6,000        5,600-6,000
     Tuar Gavarani New             4,450-4,650        4,450-4,650
     Tuar Karnataka             4,600-4,700        4,500-4,700
     Masoor dal best            5,600-5,800        5,600-5,800
     Masoor dal medium            5,300-5,500        5,300-5,500
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        6,900-7,200         6,900-7,200
     Moong Mogar Medium            6,300-6,500        6,300-6,500
     Moong dal Chilka            5,600-6,400        5,600-6,400
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            6,600-7,100        6,600-7,100
     Udid Mogar best (100 INR/KG) (New) 9,800-10,500       9,700-10,500 
     Udid Mogar Medium (100 INR/KG)    8,000-8,800        7,900-8,700    
     Udid Dal Black (100 INR/KG)        5,800-6,000        5,700-5,900     
     Batri dal (100 INR/KG)        5,200-5,600        5,200-5,600
     Lakhodi dal (100 INR/kg)          3,800-4,000         3,800-4,000
     Watana Dal (100 INR/KG)            3,000-3,100        3,000-3,100
     Watana White (100 INR/KG)           3,200-3,400           3,200-3,400
     Watana Green Best (100 INR/KG)    3,800-4,300        3,800-4,300   
     Wheat 308 (100 INR/KG)        2,000-2,100        2,000-2,100
     Wheat Mill quality (100 INR/KG)    2,050-2,150        2,050-2,150   
     Wheat Filter (100 INR/KG)         2,100-2,300           2,100-2,300         
     Wheat Lokwan new (100 INR/KG)    2,000-2,400        2,000-2,400
     Wheat Lokwan best (100 INR/KG)    2,350-2,550        2,350-2,550    
     Wheat Lokwan medium (100 INR/KG)   2,150-2,350        2,150-2,350
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,600-4,200        3,600-4,200    
     MP Sharbati Medium (100 INR/KG)    2,700-3,200        2,700-3,200           
     Rice BPT new (100 INR/KG)        2,800-3,200        2,800-3,200
     Rice BPT best (100 INR/KG)        3,200-3,600        3,200-3,600    
     Rice BPT medium (100 INR/KG)        2,700-3,000        2,700-3,000    
     Rice Luchai (100 INR/KG)         2,200-2,500        2,200-2,500
     Rice Swarna new (100 INR/KG)       2,200-2,400        2,100-2,400   
     Rice Swarna best (100 INR/KG)      2,600-2,850        2,600-2,850   
     Rice Swarna medium (100 INR/KG)      2,400-2,500        2,400-2,500   
     Rice HMT New (100 INR/KG)        3,400-3,800        3,400-3,800
     Rice HMT best (100 INR/KG)           3,800-4,300        3,800-4,300    
     Rice HMT medium (100 INR/KG)        3,400-3,800        3,400-3,800    
     Rice Shriram New(100 INR/KG)           4,600-4,800        4,600-4,800
     Rice Shriram best 100 INR/KG)    6,000-6,500        6,000-6,500 
     Rice Shriram med (100 INR/KG)    5,500-5,800        5,500-5,800   
     Rice Basmati best (100 INR/KG)    9,500-13,500        9,500-13,500     
     Rice Basmati Medium (100 INR/KG)    5,300-6,500        5,300-6,500    
     Rice Chinnor New(100 INR/KG)        4,600-5,000        4,600-5,000
     Rice Chinnor best 100 INR/KG)    5,800-6,200        5,800-6,200    
     Rice Chinnor medium (100 INR/KG)    5,700-5,900        5,700-5,900   
     Jowar Gavarani (100 INR/KG)        2,000-2,300        2,000-2,300    
     Jowar CH-5 (100 INR/KG)         1,900-2,000        1,900-2,000

WEATHER (NAGPUR)  
Maximum temp. 40.6 degree Celsius, minimum temp. 21.5 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 41 and 21 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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