Nagpur Soybean, Soyoil, Soymeal Open-April 26, 2018
Nagpur, April 26 (Reuters) – The prices of Linseed and Castir oils in non-edible section today
tumble in the Vidarbha region of Western Maharashtra largely in tandem with weakening prices in
producing belts. Trading 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 prices, sources said Thursday.
*****
VIDARBHA MARKETS
OILS
* Soyabean, Cottonseed, Groundnut loose, Groundnut refined, Sunflower, Rapeseed,
and Coconut KP oil ruled steady here in weak trading activity.
* Traders expect nearly steady trend in major edible and non-edible oils here.
SOYMEAL
* Soymeal prices today quoted static here in absence of buyers.
SOYABEAN
* Soyabean prices firmed up again in Nagpur Agriculture Produce Marketing
Committee (APMC) on good demand from local crushing plants. Good recovery on NCDEX,
upward trend in Madhya Pradesh soyabean prices and reported demand from South-based
plants also jacked up prices.
About 300 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 32,000-36,400 32,000-36,000 --
(Available price)
Market delivery 32,100-36,500 32,100-36,100 --
(Traders price)
Plant delivery 37,700-38,000 37,700-38,000 --
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 32,200-36,300
Akola 500 32,500-36,000
Amravati 500 32,000-36,500
Khamgaon n.a. n.a.
Wardha 500 32,300-36,300
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 – 37,500, Washim – 38,750, Khamgaon – 37,500, Dhulia – 38,000,
Hingoli – 39,000, Jalna – 38,200, Nandurbar – 38,700,
Latur – 38,500, Nanded – 39,000, Solapur – 39,200, Sangli – 38,400.
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
Thursday’s open Previous close
Soyoil refined crushing plant delivery 770 770
Soyoil solvent crushing plant delivery 730 730
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 880 880
Linseed oil 820 830
Rapeseed oil (for 15 kg) 1,280 1,280
Castor oil (for 15 kg) 1,450 1,460
Coconut KP oil (for 15 kg) 3,500 3,500
AMRAVATI
Soyoil refined 771 771
Soyoil Solvent 731 731
Cottonseed refined 745 745
Cottonseed solvent 715 715
AKOLA
Soyoil refined 771 771
Soyoil Solvent 731 731
Cottonseed refined oil 753 753
Cottonseed solvent 713 713
DHULIA
Soyoil refined 773 773
AURANGABAD
Soyoil refined
768 768
JALNA
Soyoil refined
767 767
NANDED
Soyoil refined 755 755
Soyoil refined prices at other places in Maharashtra : Latur - 755,
Parbhani – 764, Koosnoor – 768, Solapur – 755, Sangli – 770.
(Please add 5% Goods and Service Tax on Soyabean and Cotton oil prices.)
Nagpur soymeal prices in rupees per tonne
Thursday’s open Previous Close
Soymeal (Nagpur) 31,200-31,500 31,200-31,500
Soymeal prices at other places in Maharashtra : Akola – 30,800,
Washim – 31,700, Dhulia – 31,800, Hingoli – 32,400, Jalna – 32,500,
Nandurbar – 31,300, Khamgaon – 30,500, Latur – 32,200, Nanded – 32,300,
Solapur – 32,500, Dharwad – 32,700, Sangli – 32,800
WEATHER (NAGPUR)
Maximum temp. 41.7 degree Celsius, minimum temp. 21.1 degree Celsius
Rainfall : nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 43 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.
* * * * * *