January 11, 2019 / 8:11 AM / 3 months ago

Nagpur Soybean, Soyoil, Soymeal Open- JAN 11, 2019

Nagpur Soybean, Soyoil, Soymeal Open-January 11, 2019

Nagpur, Jan 11 (Reuters) – Barring a fall in Soyabean oil, major edible oil prices today
generally ruled flat in the Vidarbha region of Western Maharashtra in the absence of any
worthwhile trading activity. Slackness in demand from millers and retailers against adequate
stocks mainly pulled Soyabean oil prices down. Easy condition on international edible oil market
also affected sentiment, sources said Friday.


                       *****
VIDARBHA MARKETS
OILS
  * Cottonseed, Groundnut loose, Groundnut refined, Sunflower refined, Linseed, Rapeseed, 
    Castor and Coconut KP oil ruled steady here in sluggish trading activity. 
  * Traders expect further rise in Soyabean and Cottonseed oils here. 
    
   SOYMEAL
  * Soymeal prices today recovered further here on good demand from South-based traders 
    amid tight supply from crushing plants. 
         
   SOYABEAN
  * Soyabean prices showed weak tendency in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on lack of demand from local crushing plants. High moisture content 
    arrival, weak trend on NCDEX and downward trend in Madhya Pradesh soyabean prices 
    also affected sentiment in limited trading activity. 
    About 1,300 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    31,000-34,900       31,000-35,200         --
    (Available price)
    Market delivery    31,100-35,000       31,100-35,300          --
    (Traders price)
    Plant delivery     35,500-36,000       35,100-35,600          --

    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 – 34,800, Washim – 34,600, Khamgaon – 34,900, Dhulia – 35,800, 
    Hingoli – 36,600, Jalna – 35,400, Nandurbar – 35,400, 
    Latur – 36,600, Nanded – 36,600, Solapur – 36,900, Sangli – 36,700.
        
    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                  1,600        1,800-2,160         1,800-2,100
    Cotton            n.a.              n.a.             4,300-4,600

                                                                        
        NAGPUR
                              
                                Today’s open   Previous close   
   
    Soyoil refined crushing plant delivery         761            763
    Soyoil solvent crushing plant delivery         721            723    
    Cottonseed refined                             723            723
    Cottonseed solvent                             684            684
    Groundnut oil – loose (10 kg)                  1,090          1,090
    Groundnut oil refined (15 Litre)               1,650          1,650
    Sunflower oil refined (10 kg)                  890            890
    Linseed oil (10 kg)                            860            860
    Rapeseed oil (for 15 kg)                       1,340          1,340
    Castor oil (for 15 kg)                         1,750          1,730
    Coconut KP oil (for 15 kg)                     3,200          3,200

    AMRAVATI
    Soyoil refined                                 763            765
    Soyoil Solvent                                 723            724
    Cottonseed refined                             717            717
    Cottonseed solvent                             682            682

    AKOLA
    Soyoil refined                                 763            765
    Soyoil Solvent                                 723            725        
    Cottonseed refined oil                         724          724 
    Cottonseed solvent                             685            685

    DHULIA
    Soyoil refined                                 770            772
  
    KHAMGAON
    Soyoil refined 
                                                761            763
    JALNA
    Soyoil refined 
                                                   769            771
    NANDED
    Soyoil refined                                 755            756
   
    Soyoil refined prices at other places in Maharashtra : Latur - 755, 
    Khamgaon – 763, Washim – 764, Solapur – 755, Sangli – 765.

    (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)                  28,900-29,300    28,600-29,000
      
    Soymeal prices at other places in Maharashtra : Akola – 29,600, 
    Washim – 29,800, Dhulia – 31,000, Hingoli – 31,000, Jalna – 30,500,
    Nandurbar – 30,800, Khamgaon – 29,200, Latur – 30,500, Nanded – 30,300,
    Solapur – 30,500, Dharwad – 30,500, Sangli – 31,000

WEATHER (NAGPUR)  
Maximum temp. 28.0 degree Celsius, minimum temp. 8.2 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature likely to be around 28 degree
Celsius and 9 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