April 13, 2018 / 8:24 AM / 3 months ago

Nagpur Soybean, Soyoil, Soymeal Open- April 13, 2018

Nagpur Soybean, Soyoil, Soymeal Open-April 13, 2018

Nagpur, April 13 (Reuters) – Linseed, Rapeseed and & Castor oil in non-edible section, declined
sharply in Vidarbha region of Western Maharashtra today on persistent selling by stockists amid
good supply from producing regions and weak trends in Madhya Pradesh non-edible oils. Sentiment
turned bearish because of release of stock from stockists. Trading activity in other edible
reported weak as traders adopted wait and watch move, according to sources.


                       *****
VIDARBHA MARKETS
OILS
  * Soyabean, Cottonseed, Groundnut loose, Groundnut refined, Sunflower refined and 
    Coconut KP oil ruled steady here in thin trading activity. 
  * Traders expect further fall in Linseed and Castor oil here.
    
   SOYMEAL

  * Soymeal prices today ruled steady here but demand was poor.
         
   SOYABEAN
  * Soyabean prices showed firm tendency in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on increased demand from local crushing plants amid weak supply from 
    producing regions. Fresh rise on NCDEX, upward trend in Madhya Pradesh soyabean 
    prices and reported demand from South-based plants also jacked up prices. 
    About 400 soyabean bags reported for auction in Nagpur APMC, according to sources.  

 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
               Available          Previous
                       Auction price    (Auction price)
    Market delivery    32,000-37,400       31,700-37,200         --
    (Available price)
    Market delivery    32,600-37,500       31,800-37,300          --
    (Traders price)
    Plant delivery     38,800-39,000       38,800-39,000          --

    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             500                   32,200-37,500
    Akola                  500                32,500-37,200
    Amravati               500                 32,700-37,400 
    Khamgaon               n.a.                   n.a.
    Wardha                 500            32,000-37,200 
    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 – 39,000, Washim – 38,750, Khamgaon – 38,000, Dhulia – 39,400, 
    Hingoli – 39,700, Jalna – 38,700, Nandurbar – 39,200, 
    Latur – 39,500, Nanded – 39,500, Solapur – 39,800, Sangli – 39,500.
        
    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.           4,300-4,600
    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.           5,400-5,800 
    Bajra                  n.a.            n.a.               n.a.
    Gavarani Corn          n.a.           n.a.             1,100-1,300
    Dhan                  n.a.            n.a.             2,100-2,441
    Cotton            n.a.              n.a.             4,300-4,600

                                                                        
        NAGPUR
                              
                                Friday’s open   Previous close   
   
    Soyoil refined crushing plant delivery         773            773
    Soyoil solvent crushing plant delivery         733            733    
    Cottonseed refined                             750            750
    Cottonseed solvent                             730            730
    Groundnut oil (loose)                          1,020          1,020
    Groundnut oil refined (15 Litre)               1,610          1,610
    Sunflower oil refined                          860            860
    Linseed oil                                    860            870
    Rapeseed oil (for 15 kg)                       1,290          1,300
    Castor oil (for 15 kg)                         1,470          1,480
    Coconut KP oil (for 15 kg)                     3,500          3,500

    AMRAVATI
    Soyoil refined                                 775            775
    Soyoil Solvent                                 732            732
    Cottonseed refined                             748            748
    Cottonseed solvent                             718            718

    AKOLA
    Soyoil refined                                 773            773
    Soyoil Solvent                                 733            733        
    Cottonseed refined oil                         758          758 
    Cottonseed solvent                             716            716

    DHULIA
    Soyoil refined                                 770            770
  
    AURANGABAD
    Soyoil refined 
                                                773            773
    JALNA
    Soyoil refined 
                                                   774            774
    NANDED
    Soyoil refined                                 763            763
   
    Soyoil refined prices at other places in Maharashtra : Latur - 763, 
    Parbhani – 768, Koosnoor – 772, Solapur – 760, Sangli – 774.

    (Please add 5% Goods and Service Tax on Soyabean and Cotton oil prices.)
                                     
Nagpur soymeal prices in rupees per tonne

                  Friday’s open     Previous Close
    Soymeal (Nagpur)                  32,100-32,500        32,100-32,500
      
    Soymeal prices at other places in Maharashtra : Akola – 32,200, 
    Washim – 32,600, Dhulia – 33,200, Hingoli – 33,500, Jalna – 32,700,
    Nandurbar – 33,000, Khamgaon – 31,700, Latur – 34,000, Nanded – 33,000,
    Solapur – 33,500, Dharwad – 34,500, Sangli – 34,000

WEATHER (NAGPUR)  
Maximum temp. 38.9 degree Celsius, minimum temp. 24.5 degree Celsius 
Rainfall : nil
FORECAST: Partly cloudy sky with one of two spells of rains or thunder-showers. Maximum and
minimum temperature would be around and 39 and 25 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, wholesale foodgrain market of Nagpur APMC and oil market in Vidarbha will
be closed tomorrow, Saturday, on the occasion of Ambedkar Jayanti.
    

  
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