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Nagpur Soybean, Soyoil, Soymeal Open- MAR 31
March 31, 2017 / 8:28 AM / 8 months ago

Nagpur Soybean, Soyoil, Soymeal Open- MAR 31

Nagpur Soybean, Soyoil, Soymeal Open-March 31 

Nagpur, Mar 31 (Reuters) – In range-bound trade, major edible oil prices remained unchanged at
the Vidarbha region of Western Maharashtra today in the absence of worthwhile activity. Arrivals
and offtake too remained at a low ebb and volume of business poor. Absence of demand from
millers mainly kept major oil prices unchanged. No trader was in mood for any commitment,
adopting `wait and watch’ move because of March end, according to sources.


                       *****    

VIDARBHA MARKETS
OILS

  * Soyabean, cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, 
    rapeseed, castor and coconut KP oil today ruled steady here in sluggish trading 
    activity.
  * Traders expect nearly steady trend in major edible oils here. 
    
   SOYMEAL

   * Soymeal prices today recovered here on increased buying support from South-based 
     traders. Fresh hike in overseas soymeal prices also boosted sentiment.
         
   SOYABEAN
   * Soyabean prices declined further in Nagpur Agriculture Produce Marketing
     Committee (APMC) on lack of demand from local crushing plants. Further fall in 
     soyabean oil, easy condition in Madhya Pradesh soyabean prices and increased arrival 
     from producing belts also affected prices. 
     About 400 soyabean bags reported for auctions here, according to sources. 


 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
               Available          Previous
                       Auction price    (Auction price)
    Market delivery    25,000-27,000       25,000-27,200         --
    (Available price)
    Market delivery    25,100-27,100       25,100-27,300          --
    (Traders price)
    Plant delivery     28,500-29,000       28,500-29,000          --

    Soybean yellow arrivals (in 90-kg bags) and prices (in rupees per tonne) 
in Vidarbha, according to officials of Agriculture Produce Marketing Committee
and trade sources.
                         Deliveries          Available prices
    Hinganghat             n.a.                   n.a.
    Akola                  400               24,700-27,000
    Amravati               n.a.                n.a. 
    Khamgaon               n.a.                   n.a.
    Wardha                 n.a.            n.a. 
    Arvi                   n.a.                   n.a.
    Umred                  n.a.                   n.a.
    Chandrapur             n.a.            n.a 

    Soyabean plant prices at other places in Maharashtra : Adilabad – n.a., 
    Akola -29,000, Washim – 28,500, Dhulia – 29,700, Hingoli – 30,000, 
    Jalna – 29,200, Koosnoor – 29,600, Malkapur – 29,400, Latur – 29,600, 
    Nanded – 29,400, Solapur – 29,800, Sangli – 30,000.
        
    Sunflower arrivals (in 50-kg bag), Rapeseed (in 40 Kg bag), groundnut and
Dhaniya arrivals (in 40 kg bag), linseed arrival (90 kg bag), Dhan arrival (75 kg bag), cotton
(100 kg) and prices (in rupees per 100 kilogram) in Nagpur, according to APMC sources:

                        Deliveries    Available prices    Previous close
    Sunflower              n.a.            n.a.                2,400-2,600
    Groundnut              n.a.            n.a.                700-900
    Linseed                n.a.            n.a.                4,200-4,600
    Castor                 n.a.            n.a.                2,850-3,000
    Rapeseed               n.a.            n.a.                1,520-1,625
    Til                    n.a.                n.a.                7,500-8,000
    Dhaniya                n.a.            n.a.                5,500-6,000 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.             1,350-1,500
    Dhan            n.a.                n.a.             2,200-2,250
    Cotton            n.a.              n.a.               4,700-5,300

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Friday open   Previous close   
   
    Soyoil refined crushing plant delivery         674            674
    Soyoil solvent crushing plant delivery         634            634    
    Cottonseed refined                             600            600
    Cottonseed solvent                             580            580
    Groundnut oil (loose)                          1,100          1,100
    Groundnut oil refined (15 Litre)               1,750          1,750
    Sunflower oil refined                          880            880
    Linseed oil                                    900            900
    Rapeseed oil (for 15 kg)                       1,180          1,180
    Castor oil (for 15 kg)                         1,600          1,600
    Coconut KP oil (for 15 kg)                     2,350          2,350

    AMRAVATI
    Soyoil refined                                 667            667
    Soyoil Solvent                                 627            627
    Cottonseed refined                             600            600
    Cottonseed solvent                             580            580

    AKOLA
    Soyoil refined                                 668            668
    Soyoil Solvent                                 628            628        
    Cottonseed refined oil                         600          600 
    Cottonseed solvent                             580            580

    DHULIA
    Soyoil refined                                 679            679
  
    AURANGABAD
    Soyoil refined 
                                                678            678
    JALNA
    Soyoil refined 
                                                   680            680
    NANDED
    Soyoil refined                                 681            681
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 682, 
    Baramati – 680, Latur - 681, Nanded – 683, Parbhani – 684,
    Koosnoor – 683, Solapur – 685, Supa – 685, Sangli – 684.
                                     
Nagpur soymeal prices in rupees per tonne

                  Friday’s open      Previous Close
    Soymeal (Nagpur)                  23,700-24,200      23,500-24,000
      
    Soymeal prices at other places in Maharashtra : Adilabad – 24,400 
    Akola – 24,400, Washim – 24,200, Dhulia – 25,200, Hingoli – 24,700, 
    Jalna – 24,300, Nandurbar – 25,000, Khamgaon – 24,100, Latur – 24,800, 
    Nanded – 24,300, Parbhani – 24,500, Solapur – 25,700, Supa – n.a., 
    Dharwad – 24,700, Sangli – 24,900

WEATHER (NAGPUR)  
Maximum temp. 43.3 degree Celsius, minimum temp. 22.9 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 44 and 23 degree
Celsius respectively.

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


            *    *     *    *    *    *

Nagpur Foodgrain Prices – APMC/Open Market-March 31

Nagpur, Mar 31 (Reuters) – Gram and tuar prices showed weak tendency in Nagpur Agriculture
Producing and Marketing Committee (APMC) on poor buying support from local millers amid release
of stock from stockists. Fresh fall in Madhya Pradesh pulses and high moisture content arrival
also pulled down prices. About 2,400 bags of gram and 3,600 bags of tuar reported for auctions
here, according to sources. 

    FOODGRAINS & PULSES
 
   GRAM
   * Gram varieties ruled steady in open market here but demand was poor.  
   
   TUAR
   * Tuar gavarani and tuar Karnataka firmed up in open market on renewed demand from 
     local traders amid tight supply from producing regions.

   * Lakhodi dal reported higher in open market on good demand from local traders 
     amid tight supply from producing belts.
              
                                            
   * In Akola, Tuar New – 4,650-4,750, Tuar dal (clean) – 6,900-7,200, Udid Mogar (clean)
    – 9,500-9,900, Moong Mogar (clean) 6,700-7,000, Gram – 6,050-6,200, Gram Super best 
     bold – 8,000-8,200 for 100 kg.

   * Wheat, rice and other commodities moved in a narrow range in scattered deals and 
     settled at last levels. 
       
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
    
     FOODGRAINS                 Available prices     Previous close   
     Gram Auction                     5,450-5,945         5,600-6,035
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                3,950-4,360         4,200-4,590
     Moong Auction                n.a.                4,000-4,400
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Gram Super Best Bold            8,500-9,000        8,500-9,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            7,600-8,000        7,600-8,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            5,700-5,800        5,700-5,800
     Desi gram Raw                6,100-6,300         6,100-6,300
     Gram Yellow                 8,400-8,200        8,400-8,200
     Gram Kabuli                12,200-13,300        12,200-13,300
     Tuar Fataka Best-New             7,200-7,500        7,200-7,500
     Tuar Fataka Medium-New        6,700-6,900        6,700-6,900
     Tuar Dal Best Phod-New        6,500-6,700        6,500-6,700
     Tuar Dal Medium phod-New        6,000-6,200        6,000-6,200
     Tuar Gavarani New             4,600-4,800        4,550-4,750
     Tuar Karnataka             4,750-4,850        4,700-4,800
     Masoor dal best            5,800-6,000        5,800-6,000
     Masoor dal medium            5,500-5,700        5,500-5,700
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        8,000-8,500         8,000-8,500
     Moong Mogar Medium            7,400-7,700        7,400-7,700
     Moong dal Chilka            6,200-6,800        6,200-6,800
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            7,000-7,500        7,000-7,500
     Udid Mogar best (100 INR/KG) (New) 10,800-11,700       10,800-11,700 
     Udid Mogar Medium (100 INR/KG)    8,600-9,400        8,600-9,400    
     Udid Dal Black (100 INR/KG)        6,800-7,000        6,800-7,000     
     Batri dal (100 INR/KG)        6,000-6,500        6,000-6,500
     Lakhodi dal (100 INR/kg)          3,900-4,100         3,800-4,000
     Watana Dal (100 INR/KG)            3,000-3,100        3,000-3,100
     Watana White (100 INR/KG)           3,200-3,400           3,200-3,400
     Watana Green Best (100 INR/KG)    3,800-4,300        3,800-4,300   
     Wheat 308 (100 INR/KG)        2,000-2,100        2,000-2,100
     Wheat Mill quality (100 INR/KG)    1,600-1,800        1,600-1,800   
     Wheat Filter (100 INR/KG)         2,100-2,300           2,100-2,300         
     Wheat Lokwan new (100 INR/KG)    2,000-2,300        2,000-2,400
     Wheat Lokwan best (100 INR/KG)    2,200-2,300        2,350-2,550    
     Wheat Lokwan medium (100 INR/KG)   2,100-2,200        2,150-2,350
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,600-4,200        3,600-4,200    
     MP Sharbati Medium (100 INR/KG)    2,800-3,200        2,800-3,200           
     Rice BPT new (100 INR/KG)        2,800-3,400        2,800-3,400
     Rice BPT best (100 INR/KG)        3,200-3,600        3,200-3,600    
     Rice BPT medium (100 INR/KG)        2,700-3,000        2,700-3,000    
     Rice Luchai (100 INR/KG)         2,400-2,700        2,400-2,700
     Rice Swarna new (100 INR/KG)       2,300-2,500        2,300-2,500   
     Rice Swarna best (100 INR/KG)      2,600-2,800        2,600-2,800   
     Rice Swarna medium (100 INR/KG)      2,300-2,400        2,300-2,400   
     Rice HMT New (100 INR/KG)        3,600-4,000        3,600-4,000
     Rice HMT best (100 INR/KG)           4,000-4,500        4,000-4,500    
     Rice HMT medium (100 INR/KG)        3,600-3,900        3,600-3,900    
     Rice Shriram New(100 INR/KG)           4,600-4,800        4,600-4,800
     Rice Shriram best 100 INR/KG)    6,500-6,800        6,500-6,800 
     Rice Shriram med (100 INR/KG)    5,500-6,000        5,500-6,000   
     Rice Basmati best (100 INR/KG)    9,500-13,500        9,500-13,500     
     Rice Basmati Medium (100 INR/KG)    5,800-7,000        5,800-7,000    
     Rice Chinnor New(100 INR/KG)        4,800-5,000        4,800-5,000
     Rice Chinnor best 100 INR/KG)    5,800-6,200        5,800-6,200    
     Rice Chinnor medium (100 INR/KG)    5,600-5,800        5,600-5,800   
     Jowar Gavarani (100 INR/KG)        2,000-2,300        2,000-2,300    
     Jowar CH-5 (100 INR/KG)         1,900-2,000        1,900-2,000

WEATHER (NAGPUR)  
Maximum temp. 43.3 degree Celsius, minimum temp. 22.9 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 44 and 23 degree
Celsius respectively.

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

  

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