Reuters logo
Nagpur Soybean, Soyoil, Soymeal Open- MAR 16
March 16, 2017 / 7:46 AM / 8 months ago

Nagpur Soybean, Soyoil, Soymeal Open- MAR 16

Nagpur Soybean, Soyoil, Soymeal Open-March 16 

Nagpur, Mar 16 (Reuters) – Castor oil, non-edible oil prices recovered further in Vidarbha
region of Western Maharashtra on increased offtake by oil paint and allied industries amid a
firming trend in producing regions. Buying activity in this oil picked up because of poor crop
position reports in this season because of unseasonal rains. Trading activity other major edible
oils reported weak as no trader was in mood for any commitment because of downward trend in
American soya digam prices, sources said Thursday. 


                       *****    

VIDARBHA MARKETS
OILS

  * In edible section, soyabean oil today moved down on poor demand from local traders 
    amid good supply from local crushing plants. 
  * Cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, rapeseed
    and coconut KP oil today ruled steady here in sluggish trading activity. 
  * Traders expect upward trend in castor oil here.
    
   SOYMEAL

   * Soymeal prices today quoted static here but demand was poor in limited deals.         
                                                                          
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Thursday open   Previous close   
   
    Soyoil refined crushing plant delivery         694            696
    Soyoil solvent crushing plant delivery         654            656    
    Cottonseed refined                             725            725
    Cottonseed solvent                             705            705
    Groundnut oil (loose)                          980            980
    Groundnut oil refined (15 Litre)               1,640          1,640
    Sunflower oil refined                          880            880
    Linseed oil                                    900            900
    Rapeseed oil (for 15 kg)                       1,220          1,220
    Castor oil (for 15 kg)                         1,420          1,400
    Coconut KP oil (for 15 kg)                     2,350          2,350

    AMRAVATI
    Soyoil refined                                 688            691
    Soyoil Solvent                                 648            651
    Cottonseed refined                             730            730
    Cottonseed solvent                             710            710

    AKOLA
    Soyoil refined                                 689            691
    Soyoil Solvent                                 649            651        
    Cottonseed refined oil                         730          730 
    Cottonseed solvent                             710            710

    DHULIA
    Soyoil refined                                 699            701
  
    AURANGABAD
    Soyoil refined 
                                                700            703
    JALNA
    Soyoil refined 
                                                   700            703
    NANDED
    Soyoil refined                                 702            703
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 698, 
    Baramati – 699, Latur - 698, Nanded – 700, Parbhani – 701,
    Koosnoor – 698, Solapur – 702, Supa – 701, Sangli – 702.
                                     
Nagpur soymeal prices in rupees per tonne

                  Thursday’s open      Previous Close
    Soymeal (Nagpur)                  22,700-23,000        22,700-23,000
      
    Soymeal prices at other places in Maharashtra : Adilabad – 23,400 
    Akola – 23,400, Washim – 23,200, Dhulia – 24,000, Hingoli – 23,500, 
    Jalna – 23,300, Nandurbar – 23,800, Khamgaon – 23,000, Latur – 23,600, 
    Nanded – 23,500, Parbhani – 24,000, Solapur – 23,800, Supa – n.a., 
    Dharwad – 23,600, Sangli – 23,700

WEATHER (NAGPUR)  
Maximum temp. 34.0 degree Celsius, minimum temp. 17.1 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 34 and 17 degree
Celsius respectively.

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices.)

            *    *     *    *    *    *

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below