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Indore Soybean, Soy oil, Soy meal Open - Dec 31
December 31, 2013 / 9:10 AM / 4 years ago

Indore Soybean, Soy oil, Soy meal Open - Dec 31

- Soybean prices opened firm in Indore mandi today on poor selling at lower
prices. 
- Soy oil prices opened weak on better selling against poor buying support at
higher prices.      
- Soy meal prices opened weak on poor buying inquiries at higher prices.

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Tuesday                  Previous
    Market delivery         35,000-39,300           34,500-38,800
    (Auction price)    
    Market delivery         35,500-39,500           35,000-39,000
    (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           250          35,000-39,300           35,500-39,500
    
     
    Tuesday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         --
    Ambika Solvex                         -- 
    AV Agri                               39,150    
    Bajrang Extractions                   38,350
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      --
    Divya Jyoti Industries                38,100
    General Foods                         38,900
    Gujarat Ambuja                        --
    Indian Rubber                         38,400
    Indraprastha                          --
    Itarsi Oil&Flours                     38,500
    ITC                                   --
    Khandwa Oils                          38,250
    Khaitan Agro Industries               --
    Krishana Oil                          38,250
    Kriti Industries                      38,500
    Lakhmi Solvex                         39,000
    Mahakali                              39,150
    Param Industries                      --
    Prakash Solvex                        39,400
    Prestige Foods                        39,500
    Premier proteins                      --
    Rama                                  38,500
    Ruchi                                 38,900
    Vippy                                 38,000

Oil prices in rupees/tone in Indore: (excluding 4 % VAT)

                                               Tuesday's open    Previous close
    Soyoil solvent crushing plant delivery    61,000-61,100      61,100-61,200
    Soyoil solvent market delivery            61,300-61,400      61,400-61,500
    Soyoil refined crushing plant delivery#   66,000-66,100      66,200-66,300
    Soyoil refined market delivery#           66,200-66,300      66,400-66,500

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

    

                                             Tuesday's open      Previous close
    Soyoil refined (most brands)                1160-1250          1160-1250
    Soyoil refined (Kriti brand)                1260               1260
 
    Soymeal yellow opening prices in rupees/tone:

                                              Tuesday'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)            33,200-33,250       33,350-33,400
    Spot ( 48% protein)                      33,300-33,350       33,450-33,500
    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:
                                              Tuesday'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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