November 20, 2014 / 10:38 AM / 3 years ago

Indore Soybean, Soy oil, Soy meal Open - Nov 20

- Soybean prices opened weak in Indore mandi today on poor buying support at
higher prices. According to trade sources about 2.75 lac bags (100 kg each) of
soybean arrived in mandies of Madhya Pradesh state.
- 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
                            Thursday                    Previous
    Market delivery         30,250-31,200             30,500-31,300
    (Auction prices)       
    Market delivery         30,400-31,250             30,700-31,400
    (Traders' prices)

    Soybean yellow arrivals in tones, and market prices in rupees/tone, in
Indore, according to trade sources

                           Arrivals     Auction price          Traders' price
    Indore                 1300        30,250-31,200          30,400-31,250     
   Thursday soybean plant delivery prices (excluding 4 % VAT) in rupees per tone
(10% moisture, 2% soil, 2% damage condition):

    Adani Exports                         --
    Ambika Solvex                         -- 
    AV Agri                               32,000    
    Bajrang Extractions                   31,550
    Betul Oils                            --
    Bhaskar Oils                          --
    Cargill                               --
    Datiya Agro                           --
    Dewas Soya                            --
    Dhanlaxmi Solvex                      32,500
    Divya Jyoti Industries                32,000
    General Foods                         32,250
    Gujarat Ambuja                        32,000
    Indian Rubber                         32,000
    Indraprastha                          --
    Itarsi Oil&Flours                     32,500
    ITC                                   --
    Khandwa Oils                          32,600
    Khaitan Agro Industries               --
    Krishana Oil                          31,750
    Kriti Industries                      31,800
    Lakhmi Solvex                         32,500
    Mahakali                              32,250
    Param Industries                      --
    Prakash Solvex                        32,000
    Prestige Foods                        32,250
    Premier proteins                      32,300
    Rama                                  32,000
    Ruchi                                 32,250
    Vippy                                 32,250

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

                                             Thursday's open      Previous close
    Soyoil solvent crushing plant delivery    54,100-54,200      54,600-54,700
    Soyoil solvent market delivery            54,400-54,500      54,900-55,000
    Soyoil refined crushing plant delivery#   57,400-57,500      57,700-57,800
    Soyoil refined market delivery#           57,600-57,700      57,900-58,000

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

                                             Thursday's open      Previous close
    Soyoil refined (most brands)                1130-1200          1130-1200
    Soyoil refined (Kriti brand)                1210               1210
    Soymeal yellow opening prices in rupees/tone:

                                             Thursday'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)            28,300-28,350       28,500-28,550
    Spot ( 48% protein)                      28,400-28,450       28,600-28,650
    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:
                                              Thursday'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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