May 26, 2017 / 8:01 AM / 3 months ago

Nagpur Soybean, Soyoil, Soymeal Open- May 26, 2017

Nagpur Soybean, Soyoil, Soymeal Open-May 26 

Nagpur, May 26 (Reuters) – Soyabean oil in edible section and rapeseed oil in non-edible
section, declined sharply in Vidarbha region of Western Maharashtra today on persistent selling
by stockists amid good supply from producing regions and weak trends in Madhya Pradesh oils.
Sentiment turned bearish because of release of stock from stockists. Trading activity in other
edible reported weak as no trader was in mood for any commitment because of fresh fall in
Malaysian palm oil and downward trend in American soya digam prices, according to sources.



                       *****    

VIDARBHA MARKETS
OILS

  * Groundnut loose, groundnut refined, linseed, castor and coconut 
    KP oil ruled steady here in limited deals. 
  * Traders expect further easy condition in soyabean oil here.
    
   SOYMEAL

   * Soymeal prices today reported down here on lack of demand from South-based traders 
     amid profit-taking selling by stockists at higher level. Weak trend in overseas 
     soymeal prices also affected sentiment.
         
   SOYABEAN
   * Soyabean prices zoomed up in Nagpur Agriculture Produce Marketing
     Committee (APMC) on increased buying support from local crushing plants. Healthy 
     rise in Madhya Pradesh soyabean prices, weak arrival other soyabean mandi in the 
     regions and repeated enquiries from South-based plants also jacked up prices.
     About 700 soyabean bags reported for auctions here, according to 
     sources. 


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

    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                  700               24,800-27,900
    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 -29,100, Washim – 29,000, Dhulia – 29,800, Hingoli – 29,200, 
    Jalna – 29,300, Koosnoor – 29,200, Malkapur – 29,600, Latur – 29,200, 
    Nanded – 29,500, Solapur – 29,500, Sangli – 30,100.
        
    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.           4,300-4,600
    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.           5,400-5,800 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.             1,350-1,500
    Dhan            n.a.                n.a.             2,200-2,250
    Cotton            n.a.              n.a.             4,950-5,025

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Friday open   Previous close   
   
    Soyoil refined crushing plant delivery         662            665
    Soyoil solvent crushing plant delivery         622            625    
    Cottonseed refined                             635            635
    Cottonseed solvent                             615            615
    Groundnut oil (loose)                          1,150          1,150
    Groundnut oil refined (15 Litre)               1,790          1,790
    Sunflower oil refined                          710            710
    Linseed oil                                    740            740
    Rapeseed oil (for 15 kg)                       1,130          1,140
    Castor oil (for 15 kg)                         1,550          1,550
    Coconut KP oil (for 15 kg)                     2,380          2,380

    AMRAVATI
    Soyoil refined                                 669            671
    Soyoil Solvent                                 629            631
    Cottonseed refined                             635            635
    Cottonseed solvent                             620            615

    AKOLA
    Soyoil refined                                 668            670
    Soyoil Solvent                                 628            630        
    Cottonseed refined oil                         635          635 
    Cottonseed solvent                             615            615

    DHULIA
    Soyoil refined                                 671            674
  
    AURANGABAD
    Soyoil refined 
                                                670            674
    JALNA
    Soyoil refined 
                                                   668            672
    NANDED
    Soyoil refined                                 670            674
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 668, 
    Baramati – 667, Latur - 671, Nanded – 670, Parbhani – 670,
    Koosnoor – 668, Solapur – 668, Supa – 671, Sangli – 671.
                                     
Nagpur soymeal prices in rupees per tonne

                  Friday’s open      Previous Close
    Soymeal (Nagpur)                  24,000-24,500        24,400-24,900
      
    Soymeal prices at other places in Maharashtra : Adilabad – 24,700 
    Akola – 24,200, Washim – 24,600, Dhulia – 24,7200, Hingoli – 24,700, 
    Jalna – 24,5200, Nandurbar – 24,000, Khamgaon – 24,100, Latur – 24,000, 
    Nanded – 24,0500, Parbhani – 24,300, Solapur – 24,700, Supa – n.a., 
    Dharwad – 25,000, Sangli – 25,500

WEATHER (NAGPUR)  
Maximum temp. 45.5 degree Celsius, minimum temp. 30.9 degree Celsius 
Rainfall : Nil
FORECAST: Partly cloudy sky. One or two spells of rains likely. Maximum and minimum temperature
would be around and 45 and 32 degree Celsius respectively.

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


            *    *     *    *    *    *

  

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