October 12, 2013 / 8:55 AM / 4 years ago

Nagpur Soybean, Soyoil, Soymeal Open- October 12

Nagpur, Oct 12 (Reuters) - Prices of coconut KP oil touched to a record high in Vidarbha region
of Westerna Maharashtra on emergence of buying by stockists triggered by similar trend in
producing regions. Stockists were reportedly active because of poor crop reports in this season,
sources said Saturday.

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    VIDARBHA MARKETS
    OILS
   * Groundnut loose and groundnut refined oil too reported upward trend on renewed
     festival season demand from local traders amid tight supply from producing regions.
   * Soyabean, cottonseed, sunflower refined, linseed, rapeseed and castor oil
     prices ruled steady in sluggish trading activity.
   * Traders expect further rise in coconut KP oils here.

   SOYMEAL
   * Prices today ruled steady here on lack of demand from local traders amid
     availability of ample stock in ready position.

  SOYABEAN
   * Soyabean prices in Nagpur Agriculture Produce and Marketing Committee (APMC)
     reported down on poor demand from local crushing plants amid high moisture content
    (more than 18 per cent) arrival. No takers to soyabean oil & soymeal and downward
     trend in Madhya Pradesh soyabean prices also affected sentiment in weak trading
     activity, according to sources.

 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
           Available          Previous
                       Auction price    (Auction price)
    Market delivery    28,000-36,700       28,500-36,700         --


    (Available price)
    Market delivery    28,100-36,800       28,600-36,800         --


    (Traders price)
    Plant delivery     37,900-38,500       37,900-38,500         --



    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            600                   28,000-36,700
    Hinganghat             n.a.               n.a.
    Akola                  200              28,700-36,000
    Amravati               n.a.               n.a.
    Khamgaon               n.a.               n.a.
    Wardha                 200              28,500-36,300
    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 - 36,500, Hingoli - 36,900, Jalna - n.a.,
    Koosnoor - 37,300, Malkapur - 36,800, Latur - n.a., Nanded - 36,900,
    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.            6,200-6,400
    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
                                 Saturday's open   Previous close
    Soyoil refined crushing plant delivery         750            750
    Soyoil solvent crushing plant delivery         710            710
    Cottonseed refined                             730            730
    Cottonseed solvent                             710            710
    Groundnut oil (loose)                          890            880
    Groundnut oil refined (15 Litre)               1,550          1,540
    Sunflower oil refined                          920            920
    Linseed oil                                    780            780
    Rapeseed oil (for 15 kg)                       1,180          1,180
    Castor oil (for 15 kg)                         1,210          1,210
    Coconut KP oil (for 15 kg)                     1,750          1,700

    AMRAVATI
    Soyoil refined                                 739            739
    Soyoil Solvent                                 699            699
    Cottonseed refined                             727            727
    Cottonseed solvent                             707            707

    AKOLA
    Soyoil refined                                 740            740
    Soyoil Solvent                                 700            700
    Cottonseed refined oil                         725            725
    Cottonseed solvent oil                         705            705

    DHULIA
    Soyoil refined                                 763            763

    AURANGABAD
    Soyoil refined                                 760            760
    JALNA
    Soyoil refined                                 758            758
    LATUR
    Soyoil refined                                 764            764

    NANDED
    Soyoil refined                                 762            762

    Soyoil refined prices at other places in Maharashtra : Adilabad - 762,
    Baramati - 762, Chalisgaon - 762, Pachora - 765, Parbhani - 764,
    Koosnoor - 760, Solapur - 763, Supa - 761, Sangli - 764.

Nagpur soymeal prices in rupees per tonne
                       Saturday's open     Previous Close
    Soymeal (Nagpur)                32,500-32,800       32,500-32,800

    Soymeal prices at other places in Maharashtra : Adilabad - 33,200
    Akola -32,400, Baramati - n.a., Dhulia - 32,400, Hingoli - 32,100,
    Jalna - 32,600, Koosnoor - 32,500, Latur - 33,100, Nanded - 32,300,
    Pachora - n.a., Solapur - 31,400, Supa - n.a., Sangli - 32,000

WEATHER (NAGPUR)
Maximum temp. 31.3 degree Celsius (88.3 degree Fahrenheit), minimum temp.
22.6 degree Celsius (72.7 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : n.a.
FORECAST: Generally cloudy sky. Maximum and Minimum temperature likely to be around 32 and 22
degree Celsius respectively.

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