March 29, 2017 / 8:45 AM / 4 months ago

Nagpur Soybean, Soyoil, Soymeal Open- MAR 29

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Nagpur Soybean, Soyoil, Soymeal Open-March 29 

Nagpur, Mar 29 (Reuters) – Soyabean oil today suffered heavily in Vidarbha region of Western
Maharashtra on stockists selling looking towards March ending, driven by higher imports amid
trend in soyabean producing regions. Fall in demand from millers and retailers also put pressure
on soyabean oil. Besides, sufficient stocks, sharp fall on NCDEX and easy condition in Madhya
Pradesh soyabean oil also affected prices. Trading activity was reported weak as no trader was
in mood for any commitment because of notable hike in American soya digam and Malaysian palm oil
prices, sources said Wednesday.


                       *****    

VIDARBHA MARKETS
OILS

  * Cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, rapeseed, 
    castor and coconut KP oil today ruled steady here in sluggish trading activity. 
  * Traders expect further fall in soyabean oil prices.
    
   SOYMEAL

   * Soymeal prices today ruled steady here on subdued demand from local traders amid 
     ample stock in ready position.
         
   SOYABEAN
   * Soyabean prices moved down in Nagpur Agriculture Produce Marketing
     Committee (APMC) on lack of demand from local crushing plants. Fresh fall in 
     soyabean oil, no takers to soymeal, downward trend in Madhya Pradesh soyabean mandi 
     and high moisture content arrival also pulled down prices.
     About 500 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    25,000-27,250       25,000-27,600         --
    (Available price)
    Market delivery    25,100-27,350       25,100-27,700          --
    (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                  500               25,000-27,000
    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 -29,000, Washim – 28,500, Dhulia – 29,700, Hingoli – 30,100, 
    Jalna – 29,200, Koosnoor – 29,600, Malkapur – 29,400, Latur – 29,800, 
    Nanded – 29,800, Solapur – 30,100, Sangli – 30,400.
        
    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            70          4,700-4,800        4,300-5,325

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Wednesday open   Previous close   
   
    Soyoil refined crushing plant delivery         677            681
    Soyoil solvent crushing plant delivery         637            641    
    Cottonseed refined                             725            725
    Cottonseed solvent                             705            705
    Groundnut oil (loose)                          1,100          1,100
    Groundnut oil refined (15 Litre)               1,750          1,750
    Sunflower oil refined                          880            880
    Linseed oil                                    900            900
    Rapeseed oil (for 15 kg)                       1,190          1,190
    Castor oil (for 15 kg)                         1,560          1,560
    Coconut KP oil (for 15 kg)                     2,350          2,350

    AMRAVATI
    Soyoil refined                                 672            677
    Soyoil Solvent                                 632            636
    Cottonseed refined                             730            730
    Cottonseed solvent                             710            710

    AKOLA
    Soyoil refined                                 671            676
    Soyoil Solvent                                 631            635        
    Cottonseed refined oil                         730          730 
    Cottonseed solvent                             710            710

    DHULIA
    Soyoil refined                                 682            687
  
    AURANGABAD
    Soyoil refined 
                                                684            688
    JALNA
    Soyoil refined 
                                                   681            685
    NANDED
    Soyoil refined                                 683            686
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 684, 
    Baramati – 684, Latur - 683, Nanded – 685, Parbhani – 686,
    Koosnoor – 683, Solapur – 687, Supa – 687, Sangli – 687.
                                     
Nagpur soymeal prices in rupees per tonne

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

WEATHER (NAGPUR)  
Maximum temp. 42.6 degree Celsius, minimum temp. 22.1 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 43 and 23 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 29

Nagpur, Mar 29 (Reuters) – Gram and tuar prices firmed up again in Nagpur Agriculture Producing
and Marketing Committee (APMC) on increased buying support from local millers amid weak supply
from producing belts. Government decision to impose 10 per cent import duty on wheat and tuar
prices, upward trend in Madhya Pradesh tuar prices and reported demand from South-based millers
said to be the reasons for upward trend. About 2,500 bags of gram and 4,800 bags of tuar
reported for auctions here, according to sources. 

    FOODGRAINS & PULSES
 
   GRAM
   * Gram varieties ruled steady in open market here but demand was poor.  
   
   TUAR
   * Tuar gavarani recovered further in open market on good seasonal demand from local 
     traders amid tight supply from producing regions.

   * Rice varieties showed upward tendency in open market on increased festival season 
     demand from local traders amid tight supply from producing regions like Chattisgarh 
     and Madhya Pradesh.
              
                                            
   * In Akola, Tuar New – 4,550-4,650, Tuar dal (clean) – 6,900-7,200, Udid Mogar (clean)
    – 9,500-9,900, Moong Mogar (clean) 6,700-7,000, Gram – 5,900-6,200, Gram Super best 
     bold – 8,000-8,200 for 100 kg.

   * Wheat 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                     5,450-5,890         5,400-5,800
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                4,000-4,360         3,900-4,300
     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            8,500-9,000        8,500-9,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            7,600-8,000        7,600-8,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            5,700-5,800        5,700-5,800
     Desi gram Raw                6,000-6,200         6,000-6,200
     Gram Yellow                 8,400-8,200        8,400-8,200
     Gram Kabuli                12,200-13,300        12,200-13,300
     Tuar Fataka Best-New             7,200-7,500        7,200-7,500
     Tuar Fataka Medium-New        6,700-6,900        6,700-6,900
     Tuar Dal Best Phod-New        6,500-6,700        6,500-6,700
     Tuar Dal Medium phod-New        6,000-6,200        6,000-6,200
     Tuar Gavarani New             4,550-4,750        4,500-4,700
     Tuar Karnataka             4,700-4,800        4,700-4,800
     Masoor dal best            5,800-6,000        5,800-6,000
     Masoor dal medium            5,500-5,700        5,500-5,700
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        8,000-8,500         8,000-8,500
     Moong Mogar Medium            7,400-7,700        7,400-7,700
     Moong dal Chilka            6,200-6,800        6,200-6,800
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            7,000-7,500        7,000-7,500
     Udid Mogar best (100 INR/KG) (New) 10,700-11,700       10,700-11,700 
     Udid Mogar Medium (100 INR/KG)    8,400-9,400        8,400-9,400    
     Udid Dal Black (100 INR/KG)        6,800-7,000        6,800-7,000     
     Batri dal (100 INR/KG)        6,000-6,500        6,000-6,500
     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)    1,600-1,800        1,600-1,800   
     Wheat Filter (100 INR/KG)         2,100-2,300           2,100-2,300         
     Wheat Lokwan new (100 INR/KG)    2,000-2,300        2,000-2,400
     Wheat Lokwan best (100 INR/KG)    2,200-2,300        2,350-2,550    
     Wheat Lokwan medium (100 INR/KG)   2,100-2,200        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)    2,800-3,200        2,800-3,200           
     Rice BPT new (100 INR/KG)        2,800-3,400        2,700-3,300
     Rice BPT best (100 INR/KG)        3,200-3,600        3,000-3,400    
     Rice BPT medium (100 INR/KG)        2,700-3,000        2,500-2,800    
     Rice Luchai (100 INR/KG)         2,400-2,700        2,200-2,500
     Rice Swarna new (100 INR/KG)       2,300-2,500        2,200-2,400   
     Rice Swarna best (100 INR/KG)      2,600-2,800        2,400-2,600   
     Rice Swarna medium (100 INR/KG)      2,300-2,400        2,100-2,300   
     Rice HMT New (100 INR/KG)        3,600-4,000        3,500-3,800
     Rice HMT best (100 INR/KG)           4,000-4,500        3,800-4,400    
     Rice HMT medium (100 INR/KG)        3,600-3,900        3,400-3,700    
     Rice Shriram New(100 INR/KG)           4,600-4,800        4,400-4,600
     Rice Shriram best 100 INR/KG)    6,500-6,800        6,300-6,600 
     Rice Shriram med (100 INR/KG)    5,500-6,000        5,300-5,800   
     Rice Basmati best (100 INR/KG)    9,500-13,500        9,500-13,500     
     Rice Basmati Medium (100 INR/KG)    5,800-7,000        5,800-7,000    
     Rice Chinnor New(100 INR/KG)        4,800-5,000        4,700-4,900
     Rice Chinnor best 100 INR/KG)    5,800-6,200        5,600-6,000    
     Rice Chinnor medium (100 INR/KG)    5,600-5,800        5,400-5,600   
     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. 42.6 degree Celsius, minimum temp. 22.1 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 43 and 23 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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