Reuters logo
Nagpur Soybean, Soyoil, Soymeal Open- Aug 05
August 5, 2013 / 11:00 AM / in 4 years

Nagpur Soybean, Soyoil, Soymeal Open- Aug 05

Nagpur, Aug 5 (Reuters) - In range-bound trade, major edible oil prices remained unchanged at
the Vidarbha region of Western Maharashtra today in the absence of worthwhile activity. Arrivals
and offtake too remained at a low ebb and volume of business poor. Absence of demand from
millers mainly kept major oil prices unchanged. No trader was in mood for any commitment because
of weak overseas oil prices and adopted `wait and watch' move, according to sources.
      
                 *              *              *              *

    VIDARBHA MARKETS
    OILS    
   * Soyabean, cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed,
     rapeseed, castor and coconut KP oils ruled steady in limited trading activity.
   * Traders expect nearly steady trend in major edible oils here.

   SOYMEAL
   * Prices today reported higher here on good buying support from South-based traders 
     amid short supply from crushing plants.
    
   SOYABEAN
   * Soyabean prices in Nagpur APMC reported sharp recovery on renewed demand from local 
     crushing plants amid weak supply from producing regions. Healthy rise in Madhya 
     Pradesh soyabean prices and reported demand from South-based crushing plants also
     helped to push up prices, here.

 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
           Available          Previous
                       Auction price    (Auction price)
    Market delivery    30,200-32,900       30,200-32,300         --
    (Available price)
    Market delivery    30,300-33,000       30,300-32,300         --
    (Traders price)
    Plant delivery     32,800-33,300       32,500-33,000         --

    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            100                   30,200-32,900
    Hinganghat             n.a.               n.a.
    Akola                  100              29,800-32,500
    Amravati               n.a.               n.a. 
    Khamgaon               n.a.               n.a.
    Wardha                 100              30,500-32,500 
    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 - 33,300, Hingoli - 33,500, Jalna - n.a.,
    Koosnoor - 33,200, Malkapur - 33,700, Latur - n.a., Nanded - 33,600, 
    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.            4,200-4,400
    Castor                 n.a.            n.a.            2,700-2,850
    Rapeseed               n.a.            n.a.            1,520-1,625
    Til                    n.a.                n.a.            7,800-8,000
    Dhaniya                n.a.            n.a.            6,300-6,500 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.          1,100-1,150

Oil prices in rupees per 10 kilograms:
    NAGPUR
                                 Monday's open   Previous close
    Soyoil refined crushing plant delivery         676            676
    Soyoil solvent crushing plant delivery         636            636
    Cottonseed refined                             660            660
    Cottonseed solvent                             640            640
    Groundnut oil (loose)                          990            990
    Groundnut oil refined (15 Litre)               1,730          1,730
    Sunflower oil refined                          900            900
    Linseed oil                                    700            700
    Rapeseed oil (for 15 kg)                       1,080          1,080
    Castor oil (for 15 kg)                         1,190          1,190
    Coconut KP oil (for 15 kg)                     1,250          1,250

    AMRAVATI
    Soyoil refined                                 677            677
    Soyoil Solvent                                 637            637
    Cottonseed refined                             660            660
    Cottonseed solvent                             640            640

    AKOLA
    Soyoil refined                                 678            678
    Soyoil Solvent                                 638            638
    Cottonseed refined oil                         660            660
    Cottonseed solvent oil                         640            640

    DHULIA
    Soyoil refined                                 683            683
    
    AURANGABAD
    Soyoil refined                                 685            685

    JALNA
    Soyoil refined                                 687            687
    LATUR
    Soyoil refined                                 684            684

    NANDED
    Soyoil refined                                 685            685
    
    Soyoil refined prices at other places in Maharashtra : Adilabad - 688, 
    Baramati - 684, Chalisgaon - 683, Pachora - 686, Parbhani - 682,
    Koosnoor - 686, Solapur - 688, Supa - 686, Sangli - 689.

Nagpur soymeal prices in rupees per tonne
                      Monday's open      Previous Close
    Soymeal (Nagpur)               29,800-30,500       29,700-30,300

    Soymeal prices at other places in Maharashtra : Adilabad - 30,900 
    Akola -30,300, Baramati - n.a., Dhulia - 31,100, Hingoli - 31,000, 
    Jalna - 31,200, Koosnoor - 31,400, Latur - 31,400, Nanded - 31,800
    Pachora - n.a., Solapur - 31,600, Supa - n.a., Sangli - 32,100

WEATHER (NAGPUR)  
Maximum temp. 31.9 degree Celsius (89.4 degree Fahrenheit), minimum temp.
24.5 degree Celsius (76.1 degree Fahrenheit)
Humidity: Highest - 97 per cent, lowest - 67 per cent
Rainfall : nil
FORECAST: Generally cloudy sky. Heavy rains or thunder-showers likely.  Maximum and Minimum
temperature likely to be around 31 and 25 degree Celsius respectively.

Note: n.a.--not available

Our Standards:The Thomson Reuters Trust Principles.
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