April 6, 2017 / 8:25 AM / 4 months ago

Nagpur Soybean, Soyoil, Soymeal Open- APR 06

Nagpur Soybean, Soyoil, Soymeal Open-April 6 

Nagpur, April 6 (Reuters) – Soyabean, groundnut loose oil in edible section and castor oil
non-edible section today strengthened in Vidarbha region of Western Maharashtra on increased
offtake by vanaspati millers amid a firming global trend. Buying activity in these oils picked
up as Malaysian palm oil and American soya digam climbed in overseas markets. Healthy rise on
NCDEX and reported demand from South-based traders also boosted prices, sources said Thursday.

                       *****    

VIDARBHA MARKETS
OILS

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

   * Soymeal prices today recovered here on good demand from South-based traders amid 
     notable hike in overseas soymeal prices.
         
   SOYABEAN
   * Soyabean prices firmed up again in Nagpur Agriculture Produce Marketing
     Committee (APMC) on increased buying support from local crushing plants and weak 
     supply from producing belts. Fresh hike in soyabean oil & soymeal, upward trend in 
     Madhya Pradesh soyabean prices and reported demand from South-based plants also 
     jacked up prices. 
     About 600 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    25,000-27,700       25,000-27,400         --
    (Available price)
    Market delivery    25,100-27,800       25,100-27,6500          --
    (Traders price)
    Plant delivery     29,5800-30,300       29,500-30,000          --

    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                  200               24,800-27,400
    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 – 29,700, 
    Jalna – 29,200, Koosnoor – 29,600, Malkapur – 29,400, Latur – 29,900, 
    Nanded – 29,300, Solapur – 30,100, 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.            4,800-5,000

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Thursday open   Previous close   
   
    Soyoil refined crushing plant delivery         669            666
    Soyoil solvent crushing plant delivery         630            627    
    Cottonseed refined                             600            600
    Cottonseed solvent                             580            580
    Groundnut oil (loose)                          1,120          1,100
    Groundnut oil refined (15 Litre)               1,750          1,750
    Sunflower oil refined                          880            880
    Linseed oil                                    890            890
    Rapeseed oil (for 15 kg)                       1,170          1,170
    Castor oil (for 15 kg)                         1,600          1,540
    Coconut KP oil (for 15 kg)                     2,350          2,350

    AMRAVATI
    Soyoil refined                                 666            662
    Soyoil Solvent                                 626            622
    Cottonseed refined                             600            600
    Cottonseed solvent                             580            580

    AKOLA
    Soyoil refined                                 665            661
    Soyoil Solvent                                 625            621        
    Cottonseed refined oil                         600          600 
    Cottonseed solvent                             580            580

    DHULIA
    Soyoil refined                                 674            672
  
    AURANGABAD
    Soyoil refined 
                                                675            672
    JALNA
    Soyoil refined 
                                                   676            674
    NANDED
    Soyoil refined                                 676            675
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 678, 
    Baramati – 676, Latur - 674, Nanded – 676, Parbhani – 679,
    Koosnoor – 680, Solapur – 681, Supa – 682, Sangli – 682.
                                     
Nagpur soymeal prices in rupees per tonne

                  Thursday’s open      Previous Close
    Soymeal (Nagpur)                  24,100-24,500         23,900-24,500
      
    Soymeal prices at other places in Maharashtra : Adilabad – 25,000 
    Akola – 24,4900, Washim – 24,700, Dhulia – 25,000, Hingoli – 25,200, 
    Jalna – 24,3800, Nandurbar – 25,500, Khamgaon – 24,200, Latur – 25,600, 
    Nanded – 24,700, Parbhani – 25,500, Solapur – 25,900, Supa – n.a., 
    Dharwad – 25,200, Sangli – 25,200

WEATHER (NAGPUR)  
Maximum temp. 43.0 degree Celsius, minimum temp. 23.2 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 43 and 24 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-April 6

Nagpur, April 6 (Reuters) – Gram and tuar prices reported higher in Nagpur Agriculture Producing
and Marketing Committee (APMC) on good demand from local millers amid thin supply from producing
regions. Fresh rise in Madhya Pradesh gram prices and enquiries from South-based millers also
pushed up prices. About 2,000 bags of gram and 2,300 bags of tuar reported for auctions here,
according to sources. 

    FOODGRAINS & PULSES
 
   GRAM
   * Desi gram prices recovered in open market on renewed seasonal demand from local 
     traders amid thin arrival from producing regions.  
   
   TUAR
   * Tuar varieties ruled steady in open market here on subdued demand from local traders 
     amid ample stock in ready position.

   * Wheat mill quality firmed up in open market here on good seasonal demand from local 
     traders amid thin supply from producing regions.                
                                            
   * In Akola, Tuar New – 4,650-4,750, Tuar dal (clean) – 6,650-6,750, Udid Mogar (clean)
    – 8,200-8,500, Moong Mogar (clean) 7,500-7,850, Gram – 6,050-6,200, Gram Super best 
     bold – 7,500-7,700 for 100 kg.

   * Other varieties of 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                     5,400-5,950         5,400-5,800
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                3,800-4,165         3,800-4,100
     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            8,600-9,000        8,600-9,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            7,700-8,000        7,700-8,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            5,800-6,000        5,800-6,000
     Desi gram Raw                6,150-6,400         6,100-6,350
     Gram Yellow                 8,400-8,200        8,400-8,200
     Gram Kabuli                12,200-13,300        12,200-13,300
     Tuar Fataka Best-New             7,300-7,600        7,300-7,600
     Tuar Fataka Medium-New        6,800-7,000        6,800-7,000
     Tuar Dal Best Phod-New        6,500-6,800        6,500-6,800
     Tuar Dal Medium phod-New        6,000-6,300        6,000-6,300
     Tuar Gavarani New             4,700-4,900        4,700-4,900
     Tuar Karnataka             4,850-4,950        4,850-4,950
     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)        7,500-7,800         7,500-7,800
     Moong Mogar Medium            7,000-7,200        7,000-7,200
     Moong dal Chilka            6,200-6,800        6,200-6,800
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            6,700-7,000        6,700-7,000
     Udid Mogar best (100 INR/KG) (New) 10,500-11,000       10,500-11,000 
     Udid Mogar Medium (100 INR/KG)    8,500-9,400        8,500-9,400    
     Udid Dal Black (100 INR/KG)        6,800-7,000        6,800-7,000     
     Batri dal (100 INR/KG)        5,600-6,200        5,600-6,200
     Lakhodi dal (100 INR/kg)          3,900-4,100         3,900-4,100
     Watana Dal (100 INR/KG)            3,100-3,250        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)    1,800-1,900        1,750-1,850   
     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)        2,800-3,500        2,800-3,500
     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)         2,400-2,700        2,400-2,700
     Rice Swarna new (100 INR/KG)       2,300-2,500        2,300-2,500   
     Rice Swarna best (100 INR/KG)      2,600-2,800        2,600-2,800   
     Rice Swarna medium (100 INR/KG)      2,300-2,400        2,300-2,400   
     Rice HMT New (100 INR/KG)        3,600-4,000        3,600-4,000
     Rice HMT best (100 INR/KG)           4,200-4,500        4,200-4,500    
     Rice HMT medium (100 INR/KG)        3,700-3,900        3,700-3,900    
     Rice Shriram New(100 INR/KG)           4,600-4,800        4,600-4,800
     Rice Shriram best 100 INR/KG)    6,500-7,000        6,500-7,000 
     Rice Shriram med (100 INR/KG)    5,800-6,200        5,800-6,200   
     Rice Basmati best (100 INR/KG)    9,000-13,500        9,000-13,500     
     Rice Basmati Medium (100 INR/KG)    5,000-6,500        5,000-6,500    
     Rice Chinnor New(100 INR/KG)        4,800-5,000        4,800-5,000
     Rice Chinnor best 100 INR/KG)    5,800-6,200        5,800-6,200    
     Rice Chinnor medium (100 INR/KG)    5,600-5,800        5,600-5,800   
     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. 43.0 degree Celsius, minimum temp. 23.2 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 43 and 24 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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