February 5, 2015 / 8:39 AM / 3 years ago

Nagpur Soybean, Soyoil, Soymeal Open- Feb 05

Nagpur, Feb 5 (Reuters) - Barring a fall in soyabean oil major edible oils today ruled flat
at the Vidarbha region of Western Maharashtra today on lack of demand demand at prevailing
levels, amid weak trends in American soya digam prices. Easy condition in Madhya Pradesh
soyabean oil prices, release of stock from stockist and reports about good soyabean crop
position in this season also pulled down prices, according to sources.

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    VIDARBHA MARKETS
    OILS     
    * Cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed,
      rapeseed, castor and coconut kP oil today ruled steady in thin trading activity.

    * Traders expect further fall in soyabean oil prices here.
    
   SOYMEAL
   * Price today ruled steady here but demand was poor in thin trading activity. 

  SOYABEAN
   * Soyabean prices in Nagpur Agriculture Produce and Marketing Committee (APMC) showed 
     firm tendency on increased demand from local crushing plants amid tight supply from 
     producing belts. Upward trend on NCDEX, reported demand from South-based plants and 
     healthy rise in Madhya Pradesh soyabean prices also boosted prices. 
     High moisture content soyabean (more than 19 per cent) was available at Rs 26,700 
     per tonne here, according to sources. 

 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
           Available          Previous
                       Auction price    (Auction price)
    Market delivery    28,800-33,700       28,500-33,700         --
    (Available price)
    Market delivery    28,900-33,800       28,600-33,800          --
    (Traders price)
    Plant delivery     34,000-34,500       34,100-34,000          --

    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
    Hinganghat             n.a.               n.a.
    Akola                  100              28,400-33,100
    Amravati               100                27,900-32,900 
    Khamgaon               n.a.               n.a.
    Wardha                 100              28,400-33,400 
    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 - 34,000, Hingoli - 34,200, Jalna - n.a.,
    Koosnoor - 33,800, Malkapur - 33,700, Latur - n.a., Nanded - 34,7500, 
    Washim - 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) Dhan arrival (75 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.            4,300-4,500
    Castor                 n.a.            n.a.            3,000-3,200
    Rapeseed               n.a.            n.a.            1,520-1,625
    Til                    n.a.                n.a.            7,500-8,000
    Dhaniya                n.a.            n.a.            7,500-7,800 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.          1,100-1,150
    Dhan            n.a.            n.a.            1,560-1,970
       
Oil prices in rupees per 10 kilograms:
    NAGPUR
                                 Thursday's open   Previous close    
    Soyoil refined crushing plant delivery         668            670
    Soyoil solvent crushing plant delivery         628            631    
    Cottonseed refined                             650            650
    Cottonseed solvent                             630            630
    Groundnut oil (loose)                          970            970
    Groundnut oil refined (15 Litre)               1,600          1,600
    Sunflower oil refined                          770            770
    Linseed oil                                    770            770
    Rapeseed oil (for 15 kg)                       1,170          1,170
    Castor oil (for 15 kg)                         1,440          1,440
    Coconut KP oil (for 15 kg)                     2,480          2,480

    AMRAVATI
    Soyoil refined                                 663            665
    Soyoil Solvent                                 622            624
    Cottonseed refined                             650            650
    Cottonseed solvent                             630            630
    AKOLA
    Soyoil refined                                 663            666
    Soyoil Solvent                                 622            625        
    Cottonseed refined oil                         655          655
    Cottonseed solvent oil                         635            635
    DHULIA
    Soyoil refined                                 675            677 
  
    AURANGABAD
    Soyoil refined 
                                                673            674
    JALNA
    Soyoil refined 
                                                   673            676
    NANDED
    Soyoil refined                                 674            676
   
    Soyoil refined prices at other places in Maharashtra : Adilabad - 676, 
    Baramati - 675, Chalisgaon - 679, Pachora - 674, Parbhani - 673,
    Koosnoor - 673, Solapur - 672, Supa - 674, Sangli - 676.

Nagpur soymeal prices in rupees per tonne

                 Thursday's open     Previous Close
    Soymeal (Nagpur)                 28,900-29,500        28,900-29,500
    
    Soymeal prices at other places in Maharashtra : Adilabad - 29,700 
    Akola -29,100, Baramati - n.a., Dhulia - 29,600, Hingoli - 29,900, 
    Jalna - 30,000, Koosnoor - 29,900, Latur - 30,200, Nanded - 30,100,
    Pachora - n.a., Solapur - 29,800, Supa - n.a., Sangli - 30,600

WEATHER (NAGPUR)  
Maximum temp. 31.7 degree Celsius (89.1 degree Fahrenheit), minimum temp.
13.3 degree Celsius (57.0 degree Fahrenheit)
Humidity: Highest - 89 per cent, lowest - 57 per cent.
Rainfall : nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 32 and 12 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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