March 30, 2013 / 9:38 AM / 5 years ago

Nagpur Soybean, Soyoil, Soymeal Open-March 30

Nagpur Soybean, Soyoil, Soymeal Open-March 29

    Nagpur, Mar 29 (Reuters) - Linseed oil prices suffered heavily in the Vidarbha region of
Western Maharashtra today as demand from millers and retailers remained subdued. Adequate stocks
and weak global trend also supported the downtrend. Fall in demand also from Vansapati units,
mainly weighed on the linseed oil prices, sources said Saturday.

                   *              *              *              *

    VIDARBHA MARKETS
    OILS    
   * Soyabean, cottonseed, groundnut loose, groundnut refined, sunflower refined,
     rapeseed, castor and coconut KP oil prices ruled steady in sluggish trading activity.
   * Traders further fall in linseed oil here.
    
Oil prices in rupees per 10 kilograms:
    NAGPUR
                                 Saturday's open   Previous close
    Soyoil refined crushing plant delivery         685            685
    Soyoil solvent crushing plant delivery         645            645
    Cottonseed refined                             660            660
    Cottonseed solvent                             640            640
    Groundnut oil (loose)                          1,250          1,250
    Groundnut oil refined (15 Litre)               2,080          2,080
    Sunflower oil refined                          880            880
    Linseed oil                                    790            800
    Rapeseed oil (for 15 kg)                       1,110          1,110
    Castor oil (for 15 kg)                         1,210          1,210
    Coconut KP oil (for 15 kg)                     1,250          1,250

    AMRAVATI
    Soyoil refined                                 679            679
    Soyoil Solvent                                 641            641
    Cottonseed refined                             655            655
    Cottonseed solvent                             635            635

    AKOLA
    Soyoil refined                                 680            680
    Soyoil Solvent                                 639            639
    Cottonseed refined oil                         656            656
    Cottonseed solvent oil                         636            636

    DHULIA
    Soyoil refined                                 690            690
    
    AURANGABAD
    Soyoil refined                                 691            691

    JALNA
    Soyoil refined                                 693            693

    LATUR
    Soyoil refined                                 689            689

    NANDED
    Soyoil refined                                 694            694
    
    Soyoil refined prices at other places in Maharashtra : Adilabad - 687, 
    Baramati - 690, Chalisgaon - 693, Pachora - 688, Parbhani - 693,
    Koosnoor - 694, Solapur - 691, Supa - 692, Sangli - 695.

SOYMEAL
   * Prices today skyrocketed here on increased demand from South-based traders amid 
     short supply from local crushing plants. Healthy rise in international soymeal
     prices also boosted sentiment. 

Nagpur soymeal prices in rupees per tonne
                             Saturday's open     Previous Close
    Soymeal (Nagpur)                33,500-34,000       32,800-32,900

    Soymeal prices at other places in Maharashtra : Adilabad - 34,100 
    Akola - 33,800, Baramati - n.a., Dhulia - 34,200, Hingoli - 33,800, 
    Jalna - 34,100, Koosnoor - 33,800, Latur - 34,100, Nanded - 33,900,
    Pachora - n.a., Solapur - 34,300, Supa - n.a., Sangli - 35,300

WEATHER (NAGPUR)  
Maximum temp. 39.2 degree Celsius (102.6 degree Fahrenheit), minimum temp.
24.4 degree Celsius (68.7 degree Fahrenheit)
Humidity: Highest - n.a., lowest - 27 n.a.
Rainfall : nil
FORECAST: Mainly clear sky. Maximum and Minimum temperature likely to be around 40 and 20 degree
Celsius respectively.

Note: n.a.--not available

               *            *              *              *

ATTN : Nagpur APMC is officially open today but no auction reported till 1.30 pm because of
unavailability of labourers. Trading activities in oil, soyabean and foodgrain will be
standstill on Monday because of the trade bandh call given by Nag Vidarbha Chamber of Commerce
against introduction of new tax system `local body tax'.

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