Reuters logo
Nagpur Soybean, Soyoil, Soymeal Open-Jan 29
January 29, 2013 / 8:58 AM / 5 years ago

Nagpur Soybean, Soyoil, Soymeal Open-Jan 29

Nagpur, Jan 29 (Reuters) - Barring a fall in soyabean oil, major edible oil prices today
generally ruled flat in the Vidarbha region of Western Maharashtra in the absence of any
worthwhile trading activity. Slackness in demand from millers and retailers against adequate
stocks mainly pulled soyabean oil prices down. Fresh fall on NCDEX, downward trend in Madhya
Pradesh soyabean oil and easy condition in American soya digam prices also affected sentiment,
sources said Tuesday.


                   *              *              *              *

    VIDARBHA MARKETS
    OILS
   * Cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, rapeseed,
     castor and coconut KP oil prices ruled steady in sluggish trading activity.
   * Traders expect downward trend in soyabean oil here.

    SOYMEAL
   * Prices today showed weak tendency here in absence of buyers amid short supply from
     crushing plants. No trader was in mood for any commitment because of two dollar per
     tonne hike in American soymeal prices.

     SOYABEAN
   * New soyabean prices in the Nagpur Agriculture Produce and Marketing Committee
     (APMC) firmed up again on good buying support from local crushing plants amid weak
     supply from producing belts. Notable rise on NCDEX, upward trend in Madhya
     Pradesh soyabean prices and reported demand from South-based crushing plants also
     said to be the reasons for recovering soyabean prices.
   * About 20,000 soyabean bags reported for auctions in all over Vidarbha,
     according to sources.

    Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
           Available          Previous
                       Auction price    (Auction price)
    Market delivery    30,500-32,700       30,100-32,400         --




    (Available price)
    Market delivery    30,600-32,800       30,200-32,500         --




    (Traders price)
    Plant delivery     33,100-33,500       33,100-33,500         --





    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
    Nagpur            2,000                  30,500-32,700
    Hinganghat             n.a.               n.a.
    Akola                  2,000              30,700-33,700
    Amravati               1,000              30,500-32,400
    Khamgaon               n.a.               n.a.
    Wardha                 1,000              30,700-32,500
    Arvi                   n.a.               n.a.
    Umred                  n.a.               n.a.
    Chandrapur             1,000              30,900-32,800

    Soyabean prices at other places in Maharashtra : Adilabad - n.a.,
    Baramati - n.a., Dhulia - 32,900, Hingoli - 32,200, Jalna - n.a.,
    Koosnoor - 32,600, Malkapur - 32,800, Latur - n.a., Nanded - 32,300,
    Sangli - n.a.

    Sunflower arrivals (in 50-kg bag), Rapeseed (in 40 Kg bag), groundnut and
Dhaniya arrivals (in 40 kg bag), linseed arrival (90 kg bag) and prices (in
rupees per 100 kilogram) in Nagpur, according to APMC sources:
                        Deliveries    Available prices    Previous close
    Sunflower              n.a.            n.a.            2,500-2,600
    Groundnut              n.a.            n.a.            700-900
    Linseed                n.a.            n.a.            4,300-4,500
    Castor                 n.a.            n.a.            2,800-3,000
    Rapeseed               n.a.            n.a.            1,520-1,625
    Til                    n.a.                n.a.            7,500-8,000
    Dhaniya                n.a.            n.a.            5,500-5,800
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.          1,100-1,150

Oil prices in rupees per 10 kilograms:
    NAGPUR
                                 Tuesday's open   Previous close
    Soyoil refined crushing plant delivery         735            739
    Soyoil solvent crushing plant delivery         695            698
    Cottonseed refined                             720            720
    Cottonseed solvent                             700            700
    Groundnut oil (loose)                          1,190          1,190
    Groundnut oil refined (15 Litre)               2,010          2,010
    Sunflower oil refined                          860            860
    Linseed oil                                    930            930
    Rapeseed oil (for 15 kg)                       1,270          1,270
    Castor oil (for 15 kg)                         1,230          1,230
    Coconut KP oil (for 15 kg)                     1,290          1,290

    AMRAVATI
    Soyoil refined                                 734            736
    Soyoil Solvent                                 694            696
    Cottonseed refined                             720            720
    Cottonseed solvent                             700            700

    AKOLA
    Soyoil refined                                 735            739
    Soyoil Solvent                                 695            699
    Cottonseed refined oil                         720            720
    Cottonseed solvent oil                         700            700

    DHULIA
    Soyoil refined                                 740            743

    AURANGABAD
    Soyoil refined                                 742            743

    JALNA
    Soyoil refined                                 742            746

    LATUR
    Soyoil refined                                 744            746

    NANDED
    Soyoil refined                                 747            750

    Soyoil refined prices at other places in Maharashtra : Adilabad - 750,
    Baramati - 747, Chalisgaon - 749, Pachora - 749, Parbhani - 751,
    Koosnoor - 747, Solapur - 750, Supa - 748, Sangli - 751.

Nagpur soymeal prices in rupees per tonne
                             Tuesday's open      Previous Close
    Soymeal (Nagpur)                26,300-26,500      26,600-26,700

    Soymeal prices at other places in Maharashtra : Adilabad - 27,000
    Akola - 26,500, Baramati - n.a., Dhulia - 26,700, Hingoli - 27,000,
    Jalna - 27,200, Koosnoor - 27,100, Latur - 26,900, Nanded - 27,100,
    Pachora - n.a., Solapur - 27,400, Supa - n.a., Sangli - 28,000

WEATHER (NAGPUR)
Maximum temp. 28.2 degree Celsius (82.8 degree Fahrenheit), minimum temp.
10.1 degree Celsius (50.2 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall :  .0 mm
FORECAST: Mainly clear sky. Maximum and Minimum temperature likely to be around 29 and 11 degree
Celsius respectively.

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