May 2, 2017 / 9:37 AM / 7 months ago

Nagpur Soybean, Soyoil, Soymeal Open- May 02, 2017

Nagpur Soybean, Soyoil, Soymeal Open-May 2 

Nagpur, May 2 (Reuters) – In range-bound trade, sunflower refined oil in edible section and
castor oil in non-edible section suffered heavily at the Vidarbha region of Western Maharashtra
today largely on reduced offtake. Sentiment turned bearish after release of stock from
stockists. Trading activity in other edible oils reported weak as no trader was in mood for any
commitment because of good recovery in American soya digam and Malaysian palm oil prices,
according to sources.


                       *****    

VIDARBHA MARKETS
OILS

  * Soyabean, cottonseed, groundnut loose, groundnut refined, linseed, rapeseed and 
    coconut KP oil ruled steady here in sluggish trading activity.
  * Traders expect further fall in castor oil here.
    
   SOYMEAL

   * Soymeal prices today ruled steady on subdued demand from South-based traders amid 
     ample stock in ready position.
         
   SOYABEAN
   * Soyabean prices firmed up again in Nagpur Agriculture Produce Marketing
     Committee (APMC) on good demand from local crushing plants amid weak supply from 
     producing regions. Fresh rise in Madhya Pradesh soyabean prices and reported demand 
     from South-based plants also jacked up prices.   
     About 1,700 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    25,500-28,500       25,100-28,500         --
    (Available price)
    Market delivery    25,600-28,600       25,200-28,600          --
    (Traders price)
    Plant delivery     29,500-31,000       29,500-31,000          --

    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                  500               25,200-28,200
    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 -30,500, Washim – 30,400, Dhulia – 30,300, Hingoli – 30,900, 
    Jalna – 30,600, Koosnoor – 30,500, Malkapur – 30,400, Latur – 30,700, 
    Nanded – 31,000, Solapur – 31,100, Sangli – 31,200.
        
    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.             4,950-5,025

                                                                        
Oil prices in rupees per 10 kilograms:

    NAGPUR
                                Tuesday open   Previous close   
   
    Soyoil refined crushing plant delivery         634            634
    Soyoil solvent crushing plant delivery         594            594    
    Cottonseed refined                             590            590
    Cottonseed solvent                             570            570
    Groundnut oil (loose)                          1,150          1,150
    Groundnut oil refined (15 Litre)               1,790          1,790
    Sunflower oil refined                          750            770
    Linseed oil                                    800            800
    Rapeseed oil (for 15 kg)                       1,140          1,140
    Castor oil (for 15 kg)                         1,590          1,620
    Coconut KP oil (for 15 kg)                     2,400          2,400

    AMRAVATI
    Soyoil refined                                 632            632
    Soyoil Solvent                                 591            591
    Cottonseed refined                             590            590
    Cottonseed solvent                             570            570

    AKOLA
    Soyoil refined                                 630            630
    Soyoil Solvent                                 590            590        
    Cottonseed refined oil                         590          590 
    Cottonseed solvent                             570            570

    DHULIA
    Soyoil refined                                 640            644
  
    AURANGABAD
    Soyoil refined 
                                                641            641
    JALNA
    Soyoil refined 
                                                   642            642
    NANDED
    Soyoil refined                                 643            643
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 643, 
    Baramati – 643, Latur - 642, Nanded – 645, Parbhani – 642,
    Koosnoor – 642, Solapur – 643, Supa – 643, Sangli – 642.
                                     
Nagpur soymeal prices in rupees per tonne

                  Tuesday’s open      Previous Close
    Soymeal (Nagpur)                  25,700-26,200        25,700-26,200
      
    Soymeal prices at other places in Maharashtra : Adilabad – 25,500 
    Akola – 25,800, Washim – 25,900, Dhulia – 26,500, Hingoli – 26,400, 
    Jalna – 26,800, Nandurbar – 26,300, Khamgaon – 25,900, Latur – 26,500, 
    Nanded – 26,200, Parbhani – 25,800, Solapur – 26,800, Supa – n.a., 
    Dharwad – 26,400, Sangli – 27,200

WEATHER (NAGPUR)  
Maximum temp. 41.5 degree Celsius, minimum temp. 25.0 degree Celsius 
Rainfall : Nil
FORECAST: Partly cloudy sky. Maximum and minimum temperature would be around and 43 and 26
degree Celsius respectively.

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

  

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