December 28, 2018 / 8:11 AM / 5 months ago

Nagpur Soybean, Soyoil, Soymeal Open- DEC 28, 2018

Nagpur Soybean, Soyoil, Soymeal Open-December 28, 2018

Nagpur, Dec 28 (Reuters) – Soyabean and Coconut KP oil prices today rose in Vidarbha region of
Western Maharashtra on fresh buying by Vansaspati millers for the festive season amid a firming
global trend. Sentiment also improved after palm oil climbed in Malaysian oil market. Good
recovery on NCDEX in soyabean oil, upward trend in Madhya Pradesh soyabean oil, reported demand
from South-based traders and weak overseas supply also fuelled price, according to sources.



                       *****
VIDARBHA MARKETS
OILS
  * Cottonseed, Groundnut loose, Groundnut refined, Sunflower refined, Rapeseed,
    Castor and Linseed oil ruled steady here in sluggish trading activity. 
  * Traders expect further rise in Coconut KP oil here. 
    
   SOYMEAL
  * Soymeal prices today ruled steady here but demand was poor.
 
         
   SOYABEAN
  * Soyabean prices recovered in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on good demand from local crushing plants. Notable hike soyabean oil, 
    fresh rise in Madhya Pradesh soyabean prices and repeated enquiries from South-based 
    millers also jacked up prices. 
    About 500 new 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    30,000-32,750       30,000-32,600         --
    (Available price)
    Market delivery    30,100-32,850       30,100-32,700          --
    (Traders price)
    Plant delivery     34,000-34,400       34,000-34,500          --

    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
    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 – 34,500, Washim – 34,400, Khamgaon – 34,800, Dhulia – 35,000, 
    Hingoli – 34,900, Jalna – 35,200, Nandurbar – 35,100, 
    Latur – 34,900, Nanded – 34,900, Solapur – 35,100, Sangli – 35,000.
        
    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.             1,400-1,550
    Dhan                  n.a.            n.a.             1,850-2,180
    Cotton            n.a.              n.a.             4,300-4,600

                                                                        
        NAGPUR
                              
                                Today’s open   Previous close   
   
    Soyoil refined crushing plant delivery         728            726
    Soyoil solvent crushing plant delivery         687            685    
    Cottonseed refined                             685            685
    Cottonseed solvent                             665            665
    Groundnut oil – loose (10 kg)                  1,100          1,100
    Groundnut oil refined (15 Litre)               1,670          1,670
    Sunflower oil refined (10 kg)                  890            890
    Linseed oil (10 kg)                            870            870
    Rapeseed oil (for 15 kg)                       1,330          1,330
    Castor oil (for 15 kg)                         1,750          1,750
    Coconut KP oil (for 15 kg)                     3,070          3,030

    AMRAVATI
    Soyoil refined                                 729            728
    Soyoil Solvent                                 689            688
    Cottonseed refined                             686            686
    Cottonseed solvent                             666            666

    AKOLA
    Soyoil refined                                 730            727
    Soyoil Solvent                                 630            687        
    Cottonseed refined oil                         685          685 
    Cottonseed solvent                             665            665

    DHULIA
    Soyoil refined                                 726            724
  
    KHAMGAON
    Soyoil refined 
                                                738            736
    JALNA
    Soyoil refined 
                                                   728            726
    NANDED
    Soyoil refined                                 727            725
   
    Soyoil refined prices at other places in Maharashtra : Latur - 719, 
    Khamgaon – 734, Washim – 734, Solapur – 722, Sangli – 726.

    (Please add 5% Goods and Service Tax on Soyabean and Cotton oil prices.
     Soyabean and Cottonseed oil - 10 litre)                        
                                 
Nagpur soymeal prices in rupees per tonne

                  Today’s open     Previous Close
    Soymeal (Nagpur)                  27,300-27,800    27,300-27,800
      
    Soymeal prices at other places in Maharashtra : Akola – 27,200, 
    Washim – 28,200, Dhulia – 28,800, Hingoli – 28,200, Jalna – 29,000,
    Nandurbar – 29,300, Khamgaon – 27,300, Latur – 28,500, Nanded – 28,200,
    Solapur – 29,300, Dharwad – 29,500, Sangli – 28,500

WEATHER (NAGPUR)  
Maximum temp. 27.5 degree Celsius, minimum temp. 5.7 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature likely to be around 28 degree
Celsius and 6 degree Celsius.

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