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Nagpur Soybean, Soyoil, Soymeal Open-May 30
May 30, 2012 / 8:53 AM / 5 years ago

Nagpur Soybean, Soyoil, Soymeal Open-May 30

Nagpur, May 30 (Reuters) - There was negligible change in the edible oil pattern of trading in
the Vidarbha region of Western Maharashtra today as prices hovered around last levels in absence
of any worthwhile moving factors. Restricted arrivals against sporadic demand mainly kept major
oil prices unaltered. No trader was in mood for any commitment because of weak trend in
Malaysian palm oil and easy condition in Madhya Pradesh soyabean oil, according to sources.	
	
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    VIDARBHA MARKETS	
    OILS	
  * Soyabean, cottonseed, groundnut loose, groundnut refined, sunflower refined, castor,	
    linseed, rapeseed and coconut KP oil ruled steady in sluggish trading activity.	
  * Traders expect nearly steady trend in major edible oils here.	
	
    SOYMEAL	
   * Prices today quoted static here but demand was poor in thin trading activity.	
	
     SOYABEAN	
   * Soyabean prices in the Nagpur Agriculture Produce and Marketing Committee	
     (APMC) reported higher on increased demand from local crushing plants amid weak	
     supply from producing regions. Notable rise in Madhya Pradesh soyabean prices and	
     reported demand from South-based plants also helped to push up prices.	
   * Nearly 3,000 bags reported for auction in major soyabean mandis in Vidarbha,	
     according to sources.	
	
    Nagpur soybean prices in rupees/tonne:	
                           -----Soybean yellow-----       Soybean black	
           Available          Previous	
                       Auction price    (Auction price)	
    Market delivery    29,500-34,250      29,500-33,600         --	
	
	
    (Available price)	
    Market delivery    29,600-34,350      29,600-33,700         --	
	
	
    (Traders price)	
    Plant delivery     33,700-34,000      33,700-34,000         --	
	
	
	
    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	
    Nagpur            1,300              29,500-34,250	
    Hinganghat             n.a.               n.a.	
    Akola                  600                29,900-34,100	
    Amravati               n.a.               n.a.	
    Khamgaon               n.a.               n.a.	
    Wardha                 600                29,700-33,900	
    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 - 34,900, Hingoli - 33,700, Jalna - n.a.,	
    Koosnoor - 34,700, Latur - 34,300, Nanded - 34,100,	
    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) 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.            4,100-4,200	
    Castor                 n.a.            n.a.            2,725-2,850	
    Rapeseed               n.a.            n.a.            1,520-1,625	
    Til                    n.a.               n.a.           4,100-4,200	
    Dhaniya                n.a.            n.a.            3,700-3,900	
    Bajra                  n.a.            n.a.               n.a.	
	
Oil prices in rupees per 10 kilograms:	
    NAGPUR	
                                            Wednesday's open   Previous close	
    Soyoil refined crushing plant delivery         732            732	
    Soyoil solvent crushing plant delivery         692            692	
    Cottonseed refined                             720            720	
    Cottonseed solvent                             700            700	
    Groundnut oil (loose)                          1,150          1,150	
    Groundnut oil refined (15 Litre)               1,950          1,950	
    Sunflower oil refined                          750            750	
    Linseed oil                                    710            710	
    Rapeseed oil (for 15 kg)                       1,250          1,250	
    Castor oil (for 15 kg)                         1,100          1,100	
    Coconut KP oil (for 15 kg)                     1,300          1,300	
	
    AMRAVATI	
    Soyoil refined                                 727            727	
    Soyoil Solvent                                 687            687	
    Cottonseed refined                             725            725	
    Cottonseed solvent                             702            702	
	
    AKOLA	
    Soyoil refined                                 728            728	
    Soyoil Solvent                                 688            688	
    Cottonseed refined oil                         730            730	
    Cottonseed solvent oil                         710            710	
	
    DHULIA	
    Soyoil refined                                 742            742	
	
    AURANGABAD	
    Soyoil refined                                 745            745	
	
    JALNA	
    Soyoil refined                                 742            742	
	
    LATUR	
    Soyoil refined                                 742            742	
	
    NANDED	
    Soyoil refined                                 744            744	
	
    Soyoil refined prices at other places in Maharashtra : Adilabad - 739,	
    Baramati - 746, Chalisgaon - 744, Pachora - 748, Parbhani - 744,	
    Koosnoor - 746, Solapur - 742, Supa - 745, Sangli - 748.	
	
Nagpur soymeal prices in rupees per tonne	
                              Wednesday's open     Previous Close	
    Soymeal (Nagpur)                 27,800-28,100        27,800-28,100	
	
    Soymeal prices at other places in Maharashtra : Adilabad - 28,700	
    Akola - 28,300, Baramati - n.a., Dhulia - 28,600, Hingoli - 28,800,	
    Jalna - 28,800, Koosnoor - 28,900, Latur - 28,500, Nanded - 28,800,	
    Pachora - n.a., Solapur - 29,000, Supa - n.a., Sangli - 29,500-29,800.	
	
WEATHER (NAGPUR)	
Maximum temp. 46.3 degree Celsius (115.3 degree Fahrenheit), minimum temp.	
33.6 degree Celsius (92.5 degree Fahrenheit)	
Humidity: Highest - 35 per cent, lowest - 17 per cent.	
FORECAST: Partly cloudy sky. Maximum and Minimum temperature likely to be around 46 and 32
degree Celsius respectively.	
	
Note: n.a.--not available	
Rapeseed is also known as mustard seed.	
	
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