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Nagpur Soybean, Soyoil, Soymeal Open- APR 11
April 11, 2017 / 7:52 AM / 8 months ago

Nagpur Soybean, Soyoil, Soymeal Open- APR 11

Nagpur Soybean, Soyoil, Soymeal Open-April 11 

Nagpur, April 11 (Reuters) – Groundnut oil in edible section and castor oil in non-edible
section today strengthened in Vidarbha region of Western Maharashtra on increased offtake by
vanaspati millers amid a firming global trend. Buying activity in edible oils picked up notable
rise in producing regions. Reported demand from South-based traders also boosted prices, sources
said Tuesday.


                       *****    

VIDARBHA MARKETS
OILS

  * Meanwhile, soyabean and linseed oil moved down here on poor demand from local traders
    amid release of stock from stockists. Fresh fall in American soya digam prices and 
    weak trend on NCDEX also pulled down prices.
  * Cottonseed, groundnut refined, sunflower refined, rapeseed and coconut KP
    oil today ruled steady here in weak trading activity
  * Traders expect further rise in groundnut oil.
    
   SOYMEAL

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

    NAGPUR
                                Tuesday open   Previous close   
   
    Soyoil refined crushing plant delivery         668            670
    Soyoil solvent crushing plant delivery         628            630    
    Cottonseed refined                             600            600
    Cottonseed solvent                             580            580
    Groundnut oil (loose)                          1,130          1,120
    Groundnut oil refined (15 Litre)               1,750          1,750
    Sunflower oil refined                          880            880
    Linseed oil                                    880            890
    Rapeseed oil (for 15 kg)                       1,170          1,170
    Castor oil (for 15 kg)                         1,630          1,610
    Coconut KP oil (for 15 kg)                     2,350          2,350

    AMRAVATI
    Soyoil refined                                 667            668
    Soyoil Solvent                                 627            628
    Cottonseed refined                             600            600
    Cottonseed solvent                             580            580

    AKOLA
    Soyoil refined                                 666            667
    Soyoil Solvent                                 626            627        
    Cottonseed refined oil                         600          600 
    Cottonseed solvent                             580            580

    DHULIA
    Soyoil refined                                 674            677
  
    AURANGABAD
    Soyoil refined 
                                                676            677
    JALNA
    Soyoil refined 
                                                   675            676
    NANDED
    Soyoil refined                                 676            678
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 677, 
    Baramati – 674, Latur - 672, Nanded – 676, Parbhani – 677,
    Koosnoor – 678, Solapur – 679, Supa – 680, Sangli – 680.
                                     
Nagpur soymeal prices in rupees per tonne

                  Tuesday’s open      Previous Close
    Soymeal (Nagpur)                  24,600-25,000       24,600-25,000
      
    Soymeal prices at other places in Maharashtra : Adilabad – 25,000 
    Akola – 24,700, Washim – 24,700, Dhulia – 25,700, Hingoli – 25,200, 
    Jalna – 26,000, Nandurbar – 25,500, Khamgaon – 24,900, Latur – 25,400, 
    Nanded – 24,700, Parbhani – 25,500, Solapur – 25,800, Supa – n.a., 
    Dharwad – 25,500, Sangli – 25,500

WEATHER (NAGPUR)  
Maximum temp. 40.0 degree Celsius, minimum temp. 18.2 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 40 and 20 degree
Celsius respectively.

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

ATTN : Soyabean mandi and wholesale foodgrain market of Nagpur APMC remained closed today on the
occasion of Hanuman Jayanti.

  

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