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Indore Soybean, Soy oil, Soy meal Open - Feb 03
February 3, 2014 / 9:23 AM / in 4 years

Indore Soybean, Soy oil, Soy meal Open - Feb 03

- Soybean prices opened steady in Indore mandi today on limited buying support
at higher prices.
- Soy oil prices opened weak on poor buying support at higher prices.      
- Soy meal prices opened weak on poor buying inquiries.

      
    Indore soybean prices (excluding 4 % VAT), in rupees/tone:
                            Soybean                 Soybean yellow
                            Monday                  Previous
    Market delivery         35,000-38,800            35,000-38,800
    (Auction prices)        
    Market delivery         35,500-39,000            35,500-39,000
    (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           400          35,000-38,800           35,500-39,000
    
     
    Monday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         38,800
    Ambika Solvex                         -- 
    AV Agri                               39,000    
    Bajrang Extractions                   --
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      39,500
    Divya Jyoti Industries                38,750
    General Foods                         39,000
    Gujarat Ambuja                        37,500
    Indian Rubber                         39,000
    Indraprastha                          --
    Itarsi Oil&Flours                     39,500
    ITC                                   --
    Khandwa Oils                          39,000
    Khaitan Agro Industries               --
    Krishana Oil                          38,500
    Kriti Industries                      38,500
    Lakhmi Solvex                         40,000
    Mahakali                              39,250
    Param Industries                      --
    Prakash Solvex                        40,050
    Prestige Foods                        39,250
    Premier proteins                      39,000
    Rama                                  39,250
    Ruchi                                 39,000
    Vippy                                 39,000

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

                                              Monday's open    Previous close
    Soyoil solvent crushing plant delivery    61,100-61,200      61,400-61,500
    Soyoil solvent market delivery            61,400-61,500      61,700-61,800
    Soyoil refined crushing plant delivery#   65,500-65,600      65,700-65,800
    Soyoil refined market delivery#           65,700-65,800      65,900-66,000

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

    

                                               Monday'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:

                                               Monday'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)            33,550-33,600       33,650-33,700
    Spot ( 48% protein)                      33,650-33,700       33,750-33,800
    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:
                                                Monday'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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