August 17, 2018 / 8:15 AM / a month ago

Nagpur Soybean, Soyoil, Soymeal Open- AUG 17, 2018

Nagpur Soybean, Soyoil, Soymeal Open-August 17, 2018

Nagpur, Aug 17 (Reuters) – Prices of Soyabean, Groundnut oil in edible section and Linseed oil
in non-edible section today rose up in Vidarbha region of Western Maharashtra on fresh buying by
Vansaspati millers for the seasonal demand amid a firming trend in producing regions like
Gujarath and Tamilnadu. Good hike in international edible oils, weak supply from producing
regions and reported demand of traders of other states also boosted prices, according to
sources.


                       *****
VIDARBHA MARKETS
OILS
  * Cottonseed, Sunflower refined, Rapeseed, Castor and Coconut KP oil ruled steady here 
    in sluggish trading activity. 
  * Traders expect further hike in Groundnut oil here.
    
   SOYMEAL

  * Soymeal prices today ruled steady here but demand was poor.
         
   SOYABEAN
  * Soyabean prices moved down in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on poor demand from local crushing plants. No takers to soymeal, 
    downward trend in Madhya Pradesh soyabean prices and high moisture content arrival 
    also pushed down prices.  
    About 200 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    31,000-33,600       31,000-33,800         --
    (Available price)
    Market delivery    31,100-33,700       31,100-33,900          --
    (Traders price)
    Plant delivery     35,600-36,000       35,800-36,300          --

    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                  n.a.               n.a.
    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 – 36,200, Washim – 36,200, Khamgaon – 35,600, Dhulia – 35,500, 
    Hingoli – 35,500, Jalna – 36,000, Nandurbar – 36,000, 
    Latur – 36,200, Nanded – 36,000, Solapur – 36,200, Sangli – 36,300.
        
    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
                              
                                Today’s open   Previous close   
   
    Soyoil refined crushing plant delivery         753            751
    Soyoil solvent crushing plant delivery         713            711    
    Cottonseed refined                             810            810
    Cottonseed solvent                             780            780
    Groundnut oil (loose)                          1,070          1,050
    Groundnut oil refined (15 Litre)               1,650          1,620
    Sunflower oil refined                          880            880
    Linseed oil                                    920            900
    Rapeseed oil (for 15 kg)                       1,360          1,360
    Castor oil (for 15 kg)                         1,520          1,520
    Coconut KP oil (for 15 kg)                     3,350          3,350

    AMRAVATI
    Soyoil refined                                 755            752
    Soyoil Solvent                                 714            712
    Cottonseed refined                             805            805
    Cottonseed solvent                             775            775

    AKOLA
    Soyoil refined                                 755            753
    Soyoil Solvent                                 715            713        
    Cottonseed refined oil                         805          805 
    Cottonseed solvent                             775            775

    DHULIA
    Soyoil refined                                 751            749
  
    KHAMGAON
    Soyoil refined 
                                                755            754
    JALNA
    Soyoil refined 
                                                   757            755
    NANDED
    Soyoil refined                                 747            745
   
    Soyoil refined prices at other places in Maharashtra : Latur - 747, 
    Parbhani – 749, Koosnoor – 750, Solapur – 747, Sangli – 749.

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

                  Today’s open     Previous Close
    Soymeal (Nagpur)                  28,700-29,000    28,700-29,000
      
    Soymeal prices at other places in Maharashtra : Akola – 29,500, 
    Washim – 29,200, Dhulia – 29,700, Hingoli – 29,700, Jalna – 30,400,
    Nandurbar – 29,700, Khamgaon – 28,000, Latur – 29,900, Nanded – 30,700,
    Solapur – 30,500, Dharwad – 30,800, Sangli – 30,000

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

WEATHER (NAGPUR)  
Maximum temp. 31.0 degree Celsius, minimum temp. 24.5 degree Celsius 
Rainfall : 2.7 mm
FORECAST: Generally cloudy sky with a few spells of rains or thunder-showers. Maximum and
minimum temperature would be around and 30 and 24 degree Celsius respectively.

            *    *     *    *    *    *

  
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