April 25, 2017 / 9:16 AM / 4 months ago

Nagpur Soybean, Soyoil, Soymeal Open- April 25, 2017

Nagpur Soybean, Soyoil, Soymeal Open-April 25 

Nagpur, April 25 (Reuters) – The slide in edible and non-edible prices continued unabated in
Vidarbha region of Western Maharashtra for second day today on persistent selling by stockists
amid good supply from producing regions and weak trends in producing regions. Sentiment turned
bearish because of release of stock from stockists. Trading activity in other edible reported
weak because of downward trend in Malaysian palm and American soya digam prices, according to
sources.

                       *****    

VIDARBHA MARKETS
OILS

  * Soyabean, cottonseed, sunflower refined and rapeseed oil today moved down further in 
    absence of buyers amid profit-taking selling by stockists at higher level.
  * Groundnut loose, groundnut refined, linseed, castor and coconut KP oil today ruled 
    steady here in limited deals.
  * Traders expect easy condition in soyabean and cottonseed oils here.
    
   SOYMEAL

   * Soymeal prices today reported weak on lack of demand from local traders.         
                                                                           
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Tuesday open   Previous close   
   
    Soyoil refined crushing plant delivery         636            640
    Soyoil solvent crushing plant delivery         596            601    
    Cottonseed refined                             590            600
    Cottonseed solvent                             570            580
    Groundnut oil (loose)                          1,160          1,160
    Groundnut oil refined (15 Litre)               1,800          1,800
    Sunflower oil refined                          780            820
    Linseed oil                                    800            820
    Rapeseed oil (for 15 kg)                       1,140          1,150
    Castor oil (for 15 kg)                         1,620          1,620
    Coconut KP oil (for 15 kg)                     2,400          2,400

    AMRAVATI
    Soyoil refined                                 634            639
    Soyoil Solvent                                 594            599
    Cottonseed refined                             590            600
    Cottonseed solvent                             570            580

    AKOLA
    Soyoil refined                                 633            636
    Soyoil Solvent                                 593            596        
    Cottonseed refined oil                         590          600 
    Cottonseed solvent                             570            580

    DHULIA
    Soyoil refined                                 641            644
  
    AURANGABAD
    Soyoil refined 
                                                641            645
    JALNA
    Soyoil refined 
                                                   642            645
    NANDED
    Soyoil refined                                 643            646
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 643, 
    Baramati – 643, Latur - 642, Nanded – 645, Parbhani – 644,
    Koosnoor – 642, Solapur – 643, Supa – 646, Sangli – 645.
                                     
Nagpur soymeal prices in rupees per tonne

                  Tuesday’s open      Previous Close
    Soymeal (Nagpur)                  25,500-26,000      25,700-26,100
      
    Soymeal prices at other places in Maharashtra : Adilabad – 25,500 
    Akola – 25,800, Washim – 25,900, Dhulia – 26,700, Hingoli – 26,400, 
    Jalna – 26,800, Nandurbar – 26,500, Khamgaon – 25,900, Latur – 26,500, 
    Nanded – 25,800, Parbhani – 25,800, Solapur – 27,000, Supa – n.a., 
    Dharwad – 26,400, Sangli – 27,000

WEATHER (NAGPUR)  
Maximum temp. 42.1 degree Celsius, minimum temp. 26.5 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 42 and 26 degree
Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices.

ATTN : Soyabean mandi and wholesale foodgrain market of Nagpur APMC is officially open but no
trading activity reported till 1.30 pm as labourers there are on strike demanding increase in
wages.

  

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