January 9, 2018 / 8:17 AM / 5 months ago

Nagpur Soybean, Soyoil, Soymeal Open- January 9, 2018

Nagpur Soybean, Soyoil, Soymeal Open-January 9, 2018

Nagpur, Jan 9 (Reuters) – Quiet conditions developed in the major oil in the Vidarbha region of
Western Maharastra following ample supply against scattered deals. Buying activity declined as
no trader was in mood for any commitment. Fresh fall in international edible oils and weak
trading activity on Madhya Pradesh oil market also affected sentiment, sources said Tuesday.

                       *****
VIDARBHA MARKETS
OILS

  * Soyabean, Cottonseed, Groundnut loose, Groundnut refined, Sunflower, Linseed, 
    Rapeseed and 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 reported strong here on good buying support from South-based 
    traders.
         
   SOYABEAN
  * Soyabean prices firmed up again in Nagpur Agriculture Produce Marketing 
    Committee (APMC) here on good demand from local plants. Healthy hike in soymeal, 
    fresh rise in Madhya Pradesh soyabean prices and reported demand from South-based 
    plants also helped to push 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    26,800-30,800       26,800-30,600         --
    (Available price)
    Market delivery    26,900-30,900       26,900-30,700          --
    (Traders price)
    Plant delivery     31,600-32,400       31,400-31,900          --

    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               26,500-31,000
    Amravati               1,000               25,900-31,000 
    Khamgaon               n.a.                   n.a.
    Wardha                 1,000            26,800-30,700 
    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 – 32,400, Washim – 32,400, Khamgaon – 32,000, Dhulia – 33,000, 
    Hingoli – 33,000, Jalna – 32,200, Koosnoor – 32,700, Nandurbar – 32,800, 
    Latur – 32,500, Nanded – 32,200, Solapur – 33,000, Sangli – 33,100.
        
    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.           2,200-2,450
    Cotton            n.a.              n.a.             4,300-4,600

                                                                        
        NAGPUR
                              
                                Tuesday’s open   Previous close   
   
    Soyoil refined crushing plant delivery         762            762
    Soyoil solvent crushing plant delivery         722            722    
    Cottonseed refined                             740            740
    Cottonseed solvent                             720            720
    Groundnut oil (loose)                          1,020          1,020
    Groundnut oil refined (15 Litre)               1,610          1,610
    Sunflower oil refined                          780            780
    Linseed oil                                    800            800
    Rapeseed oil (for 15 kg)                       1,270          1,270
    Castor oil (for 15 kg)                         1,550          1,550
    Coconut KP oil (for 15 kg)                     3,450          3,450

    AMRAVATI
    Soyoil refined                                 760            760
    Soyoil Solvent                                 720            720
    Cottonseed refined                             730            730
    Cottonseed solvent                             710            710

    AKOLA
    Soyoil refined                                 761            761
    Soyoil Solvent                                 721            721        
    Cottonseed refined oil                         730          730 
    Cottonseed solvent                             710            710

    DHULIA
    Soyoil refined                                 773            773
  
    AURANGABAD
    Soyoil refined 
                                                763            763
    JALNA
    Soyoil refined 
                                                   763            763
    NANDED
    Soyoil refined                                 756            756
   
    Soyoil refined prices at other places in Maharashtra : Latur - 764, 
    Parbhani – 762, Koosnoor – 763, Solapur – 763, Sangli – 764.
                                     
Nagpur soymeal prices in rupees per tonne

                  Tuesday’s open     Previous Close
    Soymeal (Nagpur)                  24,500-25,000      24,000-24,600
      
    Soymeal prices at other places in Maharashtra : Adilabad – 25,700 
    Akola – 25,000, Washim – 25,300, Dhulia – 26,200, Hingoli – 26,400, 
    Jalna – 25,500, Nandurbar – 26,800, Khamgaon – 24,000, Latur – 26,500, 
    Nanded – 25,600, Parbhani – 25,700, Solapur – 25,300, Supa – n.a., 
    Dharwad – 25,800, Sangli – 25,500

WEATHER (NAGPUR)  
Maximum temp. 28.0 degree Celsius, minimum temp. 9.6 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 28 and 10 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