January 1, 2019 / 8:17 AM / 4 months ago

Nagpur Soybean, Soyoil, Soymeal Open- JAN 01, 2019

Nagpur Soybean, Soyoil, Soymeal Open-January 1, 2019

Nagpur, Jan 1 (Reuters) – There was negligible change in the edible oil pattern of trading in
the Vidarbha region of Western Maharashtra today as prices hovered around last levels in absence
of any worthwhile moving factors. Restricted arrivals against sporadic demand mainly kept major
oil prices unaltered. No trader was in mood for any commitment because of government decision to
slash oil import duty and adopted wait and watch move, according to sources.

                       *****
VIDARBHA MARKETS
OILS
  * Soyabean, Cottonseed, Groundnut loose, Groundnut refined, Sunflower refined, Linseed, 
    Rapeseed, Castor and Coconut KP oil ruled steady here in weak trading activity. 
  * Traders expect nearly steady trend in major edible oils here. 
    
   SOYMEAL
  * Soymeal prices today recovered here on renewed demand from South-based traders.
 
         
   SOYABEAN
  * Soyabean prices reported higher in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on increased demand from local crushing plants amid weak supply 
    from producing regions. Notable rise on NCDEX, upward trend in Madhya Pradesh 
    soyabean prices and repeated enquiries from South-based plants also pushed up prices. 
    About 400 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    31,000-33,400       30,500-33,000         --
    (Available price)
    Market delivery    31,100-33,500       30,600-33,100          --
    (Traders price)
    Plant delivery     34,500-34,800       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 – 34,600, Washim – 34,400, Khamgaon – 34,800, Dhulia – 35,100, 
    Hingoli – 35,200, Jalna – 35,200, Nandurbar – 35,100, 
    Latur – 34,800, Nanded – 34,800, Solapur – 35,400, 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         736            736
    Soyoil solvent crushing plant delivery         696            696    
    Cottonseed refined                             688            688
    Cottonseed solvent                             668            668
    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)                         1,780          1,780
    Coconut KP oil (for 15 kg)                     3,100          3,100

    AMRAVATI
    Soyoil refined                                 735            735
    Soyoil Solvent                                 695            695
    Cottonseed refined                             693            693
    Cottonseed solvent                             658            658

    AKOLA
    Soyoil refined                                 736            736
    Soyoil Solvent                                 696            696        
    Cottonseed refined oil                         693          693 
    Cottonseed solvent                             658            658

    DHULIA
    Soyoil refined                                 735            735
  
    KHAMGAON
    Soyoil refined 
                                                739            739
    JALNA
    Soyoil refined 
                                                   735            735
    NANDED
    Soyoil refined                                 718            718
   
    Soyoil refined prices at other places in Maharashtra : Latur - 719, 
    Khamgaon – 736, Washim – 737, Solapur – 719, Sangli – 729.

    (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)                  27,500-28,000    27,300-27,800
      
    Soymeal prices at other places in Maharashtra : Akola – 27,200, 
    Washim – 28,200, Dhulia – 29,300, Hingoli – 29,200, Jalna – 29,500,
    Nandurbar – 29,100, Khamgaon – 27,800, Latur – 29,000, Nanded – 28,200,
    Solapur – 29,200, Dharwad – 29,500, Sangli – 29,000

WEATHER (NAGPUR)  
Maximum temp. 27.3 degree Celsius, minimum temp. 5.4 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature likely to be around 28 degree
Celsius and 5 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