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Nagpur Soybean, Soyoil, Soymeal Open- December 5, 2017
December 5, 2017 / 8:51 AM / 12 days ago

Nagpur Soybean, Soyoil, Soymeal Open- December 5, 2017

Nagpur Soybean, Soyoil, Soymeal Open-December 5

Nagpur, Dec 5 (Reuters) – Coconut KP oil prices today skyrocketed in Vidarbha region of Western
Maharashtra on increased offtake by vanaspati millers amid a firming trend in producing regions.
Weak supply with heavy marriage season demand also boosted prices. Trading activity in other
edible oils reported weak as no trader was in mood for any commitment because of weak
international edible oil prices, sources said Tuesday.

                       *****
VIDARBHA MARKETS
OILS
  
  * Linseed and Rapeseed oils also reported strong here on good seasonal demand from 
    local traders.
  * Soyabean, Cottonseed, Groundnut loose, Groundnut refined, Sunflower and Castor, 
    and oil ruled steady here in limited trading activity. 
  * Traders expect strong trading activity in coconut KP oil.
    
   SOYMEAL

  * Soymeal prices today ruled steady here but demand was poor. 
         
   SOYABEAN
  * Soyabean prices today reported strong in Nagpur Agriculture Produce Marketing 
    Committee (APMC) here on increased demand from local crushing plants amid tight 
    supply from producing regions. Fresh rise on NCDEX, upward trend in Madhya Pradesh 
    soyabean mandi reported demand from South-based plants also jacked up prices.
    About 3,000 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    25,000-30,000       24,300-29,500         --
    (Available price)
    Market delivery    25,100-29,700       24,400-29,100          --
    (Traders price)
    Plant delivery     30,200-30,700       28,900-30,400          --

    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                  1,000               24,500-29,700
    Amravati               1,000               24,300-29,900 
    Khamgaon               n.a.                   n.a.
    Wardha                 1,000            24,800-29,700 
    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 – 30,000, Washim – 29,500, Dhulia – 30,700, Hingoli – 31,200, 
    Jalna – 29,800, Koosnoor – 31,000, Malkapur – 28,400, Latur – 30,800, 
    Nanded – 30,500, Solapur – 30,700, Sangli – 30,500.
        
    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.             1,050-1,400
    Dhan            5,000              1,800-2,200      1,722-2,150
    Cotton            n.a.              n.a.             4,300-4,600

                                                                        
        NAGPUR
                              
                                Tuesday’s open   Previous close   
   
    Soyoil refined crushing plant delivery         752            752
    Soyoil solvent crushing plant delivery         712            712    
    Cottonseed refined                             760            760
    Cottonseed solvent                             740            740
    Groundnut oil (loose)                          1,020          1,020
    Groundnut oil refined (15 Litre)               1,610          1,610
    Sunflower oil refined                          780            780
    Linseed oil                                    800            790
    Rapeseed oil (for 15 kg)                       1,290          1,280
    Castor oil (for 15 kg)                         1,550          1,520
    Coconut KP oil (for 15 kg)                     3,200          3,100

    AMRAVATI
    Soyoil refined                                 752            752
    Soyoil Solvent                                 712            712
    Cottonseed refined                             760            760
    Cottonseed solvent                             740            740

    AKOLA
    Soyoil refined                                 752            752
    Soyoil Solvent                                 712            712        
    Cottonseed refined oil                         760          760 
    Cottonseed solvent                             740            740

    DHULIA
    Soyoil refined                                 756            756
  
    AURANGABAD
    Soyoil refined 
                                                760            760
    JALNA
    Soyoil refined 
                                                   756            756
    NANDED
    Soyoil refined                                 735            735
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 758, 
    Baramati – 762, Latur - 757, Parbhani – 758, Koosnoor – 759, Solapur – 754, 
    Sangli – 755.
                                     
Nagpur soymeal prices in rupees per tonne

                  Tuesday’s open     Previous Close
    Soymeal (Nagpur)                  22,700-23,200       22,700-23,200
      
    Soymeal prices at other places in Maharashtra : Adilabad – 22,700 
    Akola – 22,900, Washim – 23,400, Dhulia – 23,600, Hingoli – 23,500, 
    Jalna – 22,900, Nandurbar – 23,200, Khamgaon – 22,500, Latur – 23,800, 
    Nanded – 23,000, Parbhani – 22,700, Solapur – 24,000, Supa – n.a., 
    Dharwad – 24,300, Sangli – 24,000

WEATHER (NAGPUR)  
Maximum temp. 29.3 degree Celsius, minimum temp. 11.9 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 30 and 12 degree
Celsius respectively.

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


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