February 14, 2017 / 9:03 AM / 6 months ago

Nagpur Soybean, Soyoil, Soymeal Open-February 13,2017

Nagpur Soybean, Soyoil, Soymeal Open-February 13 

Nagpur, Feb 13 (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 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 ruled steady here in sluggish trading activity.
 
  * Traders expect nearly steady trend in major edible oils here.  
    
   SOYMEAL

   * Soymeal prices today quoted static here but demand was poor in limited deals.
        
   SOYABEAN
   * Soyabean prices moved down in Nagpur Agriculture Produce Marketing 
     Committee (APMC) on lack of buying support from local crushing plants amid high 
     moisture content arrival. No takers to soyabean oil & soymeal since past three 
     sessions and easy condition in Madhya Pradesh soyabean prices also affected prices. 
     About 1,000 soyabean bags reported for auction in Nagpur APMC, according
     to sources. 


 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
               Available          Previous
                       Auction price    (Auction price)
    Market delivery    25,000-27,200       25,500-27,400         --
    (Available price)
    Market delivery    25,100-27,300       25,600-27,500          --
    (Traders price)
    Plant delivery     28,800-30,200       29,000-30,300          --

    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                  600               25,000-27,400
    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 -29,600, Washim – 29,300, Dhulia – 29,300, Hingoli – 29,500, 
    Jalna – 28,500, Koosnoor – 30,300, Malkapur – 30,000, Latur – 29,400, 
    Nanded – 29,200, Solapur – 29,800, Sangli – 30,000.
        
    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.                6,500-7,000 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.             1,350-1,500
    Dhan            70             2,050-2,402         2,050-2,221
    Cotton            130        5,400-5,640              5,400-5,600

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Monday open   Previous close   
   
    Soyoil refined crushing plant delivery         742            742
    Soyoil solvent crushing plant delivery         702            702    
    Cottonseed refined                             745            745
    Cottonseed solvent                             725            725
    Groundnut oil (loose)                          1,020          1,020
    Groundnut oil refined (15 Litre)               1,690          1,690
    Sunflower oil refined                          1,010          1,010
    Linseed oil                                    960            960
    Rapeseed oil (for 15 kg)                       1,300          1,300
    Castor oil (for 15 kg)                         1,320          1,320
    Coconut KP oil (for 15 kg)                     2,450          2,450

    AMRAVATI
    Soyoil refined                                 742            742
    Soyoil Solvent                                 702            702
    Cottonseed refined                             745            745
    Cottonseed solvent                             725            725

    AKOLA
    Soyoil refined                                 742            742
    Soyoil Solvent                                 701            701        
    Cottonseed refined oil                         745          745 
    Cottonseed solvent                             725            725

    DHULIA
    Soyoil refined                                 748            748
  
    AURANGABAD
    Soyoil refined 
                                                748            748
    JALNA
    Soyoil refined 
                                                   750            750
    NANDED
    Soyoil refined                                 750            750
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 749, 
    Baramati – 747, Latur - 746, Nanded – 748, Parbhani – 749,
    Koosnoor – 751, Solapur – 748, Supa – 749, Sangli – 752.
                                     
Nagpur soymeal prices in rupees per tonne

                  Monday’s open       Previous Close
    Soymeal (Nagpur)                  23,000-23,500         23,000-23,500
      
    Soymeal prices at other places in Maharashtra : Adilabad – 23,700 
    Akola – 24,000, Washim – 23,500, Dhulia – 24,000, Hingoli – 23,800, 
    Jalna – 23,800, Nandurbar – 23,400, Khamgaon – 23,200, Latur – 24,000, 
    Nanded – 23,400, Parbhani – 23,300, Solapur – 23,500, Supa – n.a., 
    Dharwad – 23,400, Sangli – 24,000

WEATHER (NAGPUR)  
Maximum temp. 30.7 degree Celsius, minimum temp. 15.7 degree Celsius 
Rainfall : Nil
FORECAST: Generally cloudy sky with light rains. Maximum and minimum temperature would be around
and 31 and 16 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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