December 8, 2017 / 8:39 AM / 5 months ago

Nagpur Soybean, Soyoil, Soymeal Open- December 8, 2017

Nagpur Soybean, Soyoil, Soymeal Open-December 8

Nagpur, Dec 8 (Reuters) – Soyabean oil today declined in Vidarbha region of Western Maharashtra
on stockists selling, driven by higher imports amid weak global cues. Fall in demand from
millers and retailers also put pressure on soyabean oil. Besides, sufficient stocks and easy
condition in Madhya Pradesh soyabean oil also affected sentiment in thin trading activity,
sources said Friday.

                       *****
VIDARBHA MARKETS
OILS
  
  * Cottonseed, Groundnut loose, Groundnut refined, Sunflower, Linseed, 
    Rapeseed, Castor and coconut KP oil ruled steady here in sluggish trading activity. 
  * Traders expect nearly steady trend in major edible oils here.
    
   SOYMEAL

  * Soymeal prices today ruled steady here but demand was poor. 
         
   SOYABEAN
  * Soyabean prices today firmed up in Nagpur Agriculture Produce Marketing 
    Committee (APMC) here on increased demand from local crushing plants amid tight 
    supply from producing regions. Fresh rise in Madhya Pradesh soyabean prices and 
    reported demand from South-based plants also jacked up prices.
    About 2,000 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    25,800-29,900       25,300-29,500         --
    (Available price)
    Market delivery    25,900-30,000       25,400-29,600          --
    (Traders price)
    Plant delivery     30,200-30,900       30,200-30,900          --

    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               25,300-29,700
    Amravati               1,000               25,300-29,900 
    Khamgaon               n.a.                   n.a.
    Wardha                 1,000            25,500-29,700 
    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 – 30,000, Dhulia – 30,700, Hingoli – 31,600, 
    Jalna – 30,250, Koosnoor – 31,000, Malkapur – 28,400, Latur – 31,000, 
    Nanded – 31,100, Solapur – 31,100, 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            n.a.              n.a.             1,800-2,200
    Cotton            n.a.              n.a.             4,300-4,600

                                                                        
        NAGPUR
                              
                                Friday’s open   Previous close   
   
    Soyoil refined crushing plant delivery         744            747
    Soyoil solvent crushing plant delivery         704            707    
    Cottonseed refined                             755            755
    Cottonseed solvent                             735            735
    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          1,290
    Castor oil (for 15 kg)                         1,550          1,550
    Coconut KP oil (for 15 kg)                     3,200          3,200

    AMRAVATI
    Soyoil refined                                 738            742
    Soyoil Solvent                                 698            702
    Cottonseed refined                             760            760
    Cottonseed solvent                             740            740

    AKOLA
    Soyoil refined                                 739            742
    Soyoil Solvent                                 698            702        
    Cottonseed refined oil                         755          755 
    Cottonseed solvent                             735            735

    DHULIA
    Soyoil refined                                 739            743
  
    AURANGABAD
    Soyoil refined 
                                                750            753
    JALNA
    Soyoil refined 
                                                   748            750
    NANDED
    Soyoil refined                                 728            730
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 749, 
    Baramati – 751, Latur - 748, Parbhani – 749, Koosnoor – 750, Solapur – 745, 
    Sangli – 748.
                                     
Nagpur soymeal prices in rupees per tonne

                  Friday’s open     Previous Close
    Soymeal (Nagpur)                  23,000-23,500       23,000-23,500
      
    Soymeal prices at other places in Maharashtra : Adilabad – 23,700 
    Akola – 23,000, Washim – 23,700, Dhulia – 24,800, Hingoli – 24,500, 
    Jalna – 22,900, Nandurbar – 24,600, Khamgaon – 23,500, Latur – 24,000, 
    Nanded – 23,000, Parbhani – 22,700, Solapur – 24,500, Supa – n.a., 
    Dharwad – 24,3800, Sangli – 24,600

WEATHER (NAGPUR)  
Maximum temp. 30.5 degree Celsius, minimum temp. 16.0 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 31 and 16 degree
Celsius respectively.

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