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Indore Soybean, Soy oil, Soy meal Open - Jun 01
June 1, 2013 / 9:58 AM / 5 years ago

Indore Soybean, Soy oil, Soy meal Open - Jun 01

* Soybean prices opened weak in Indore mandi today on poor buying support at
higher prices.
* Soy oil prices opened weak on poor buying support against increased selling at
higher prices.
* Soy meal prices opened weak on poor buying inquiries.

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Saturday                  Previous
    Market delivery         37,000-37,900           37,300-38,000
    (Auction price)
    Market delivery         37,200-38,000           37,500-38,100
    (Traders' price)

    Soybean yellow arrivals in tones, and market prices in rupees/tone, in
Indore, according to trade sources:
                   Arrivals       Auction price           Trader's price
    Indore           300          37,000-37,900           37,200-38,000


   Saturday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         --


    Ambika Solvex                         38,000
    AV Agri                               38,400    
    Bajrang Extractions                   --


    Betul Oils                            --


    Bhaskar Oils                          --


    Cargil                                --


    Datiya Agro                           --


    Dewas Soya                            --


    Dhanlaxmi Solvex                      --


    Divya Jyoti Industries                38,000
    General Foods                         38,000
    Gujarat Ambuja                        38,000
    Indian Rubber                         38,000
    Indraprastha                          --


    Itarsi Oil&Flours                     38,000
    ITC                                   --


    Khandwa Oils                          37,000
    Khaitan Agro Industries               --


    Krishana Oil                          --


    Kriti Industries                      37,750
    Lakhmi Solvex                         38,000
    Mahakali                              38,900
    Param Industries                      --


    Prakash Solvex                        39,000
    Prestige Foods                        37,900
    Premier proteins                      --


    Rama                                  38,000
    Ruchi                                 38,000
    Vippy                                 37,750

Oil prices in rupees/tone in Indore: (excluding 4 % VAT)
                                              Saturday's open    Previous close
    Soyoil solvent crushing plant delivery    64,800-64,900      65,300-65,400
    Soyoil solvent market delivery            65,100-65,200      65,600-65,700
    Soyoil refined crushing plant delivery#   67,700-67,800      68,200-68,300
    Soyoil refined market delivery#           67,900-68,000      68,400-68,500

    Prices of soy oil refined, in rupees (including 4 % VAT) per 15-liter tin,
for market delivery in Indore:



                                             Saturday's open      Previous close
    Soyoil refined (most brands)                1100-1180          1100-1200
    Soyoil refined (Kriti brand)                1200               1220

    Soymeal yellow opening prices in rupees/tone:

                                             Saturday's open     Previous close
    FOR Mumbai delivery(PP Bags)             Not traded          Not traded
    FOR Bedi Bunder delivery                 Not traded          Not traded
    FOR Kakinada delivery                    Not traded          Not traded
    Spot delivery(45-46% protein)            32,850-32,900       32,900-32,950
    Spot ( 48% protein)                      32,950-33,000       33,000-33,050
    FAS Mumbai (U.S. $/tonne)                  Not Traded         Not Traded
    FAS Bedi Bunder/Kandla (U.S. $/tonne)      Not Traded         Not Traded
    FAS Kakinada (U.S. $/tonne)                Not Traded         Not Traded
    FOR Bedi Bunder/Kandla (U.S. $/tonne)      Not Traded         Not Traded
    FOR Kakinada (U.S. $/tonne)                Not Traded         Not Traded

    Rapeseed Meal opening prices per tonne:
                                              Saturday's open     Previous close
    FOR Jamnagar (In Rupees)                 --not traded--     --not traded--


    FOR Mumbai (PP Bags, In Rupees)          --not traded--     --not traded--


    FAS Bedibunder (In USD)                  --not traded--     --not traded--



    # Excise paid

Note: (Transport costs are excluded in plant delivery prices but included
in market prices.)

FOR--Free-on-rail; FAS--Free-alongside-ship

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