July 9, 2018 / 8:44 AM / 4 months ago

Nagpur Soybean, Soyoil, Soymeal Open- JUL 09, 2018

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

Nagpur, July 9 (Reuters) – Major edible and non-edible oil prices strengthened in Vidarbha
region of Western Maharashtra on increased offtake by vanaspati millers amid a firming trend in
producing regions. Buying activity in edible oils picked up as Malaysian palm oil climbed in
overseas markets. Healthy rise on NCDEX and reported demand from South-based traders also
boosted prices. Weak supply from crushing plants because of heavy rains in the region affected
arrival, sources said Monday.

                       *****
VIDARBHA MARKETS
OILS
  * Soyabean, groundnut loose, groundnut refined, Rapeseed and Castor oils today 
    recovered strongly here on increased marriage season demand from local traders. 
  * Cottonseed, Sunflower refined, Linseed and Coconut KP oil ruled steady here in 
    sluggish trading activity. 
  * Traders expect further rise in edible oils here.
    
   SOYMEAL

  * Soymeal prices today ruled steady here on subdued demand from local traders amid 
    ample stock in ready position.
         
   SOYABEAN
  * Soyabean prices showed upward tendency in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on good buying support from local crushing plants amid weak 
    supply from producing regions because of heavy rains. Healthy rise in soyabean oil, 
    fresh rise in Madhya Pradesh soyabean prices and good rise on NCDEX also helped to 
    push up prices. 
    About 100 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    33,000-35,500       32,300-35,500         --
    (Available price)
    Market delivery    33,100-35,600       32,400-35,600          --
    (Traders price)
    Plant delivery     36,600-37,000       36,600-37,000          --

    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 – 36,900, Washim – 37,300, Khamgaon – 37,500, Dhulia – 37,700, 
    Hingoli – 38,800, Jalna – 37,700, Nandurbar – 38,200, 
    Latur – 38,800, Nanded – 38,800, Solapur – 39,100, Sangli – 37,700.
        
    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.             1,100-1,300
    Dhan                  n.a.            n.a.             2,100-2,441
    Cotton            n.a.              n.a.             4,300-4,600

                                                                        
        NAGPUR
                              
                                Monday’s open   Previous close   
   
    Soyoil refined crushing plant delivery         777            771
    Soyoil solvent crushing plant delivery         737            730    
    Cottonseed refined                             735            735
    Cottonseed solvent                             710            710
    Groundnut oil (loose)                          1,000          990
    Groundnut oil refined (15 Litre)               1,560          1,550
    Sunflower oil refined                          870            870
    Linseed oil                                    830            830
    Rapeseed oil (for 15 kg)                       1,330          1,320
    Castor oil (for 15 kg)                         1,420          1,410
    Coconut KP oil (for 15 kg)                     3,400          3,400

    AMRAVATI
    Soyoil refined                                 776            771
    Soyoil Solvent                                 736            730
    Cottonseed refined                             740            740
    Cottonseed solvent                             695            695

    AKOLA
    Soyoil refined                                 777            770
    Soyoil Solvent                                 737            729        
    Cottonseed refined oil                         743          743 
    Cottonseed solvent                             693            693

    DHULIA
    Soyoil refined                                 777            769
  
    AURANGABAD
    Soyoil refined 
                                                779            772
    JALNA
    Soyoil refined 
                                                   777            770
    NANDED
    Soyoil refined                                 780            773
   
    Soyoil refined prices at other places in Maharashtra : Latur - 780, 
    Parbhani – 781, Koosnoor – 779, Solapur – 781, Sangli – 782.

    (Please add 5% Goods and Service Tax on Soyabean and Cotton oil prices.)
                                     
Nagpur soymeal prices in rupees per tonne

                  Monday’s open     Previous Close
    Soymeal (Nagpur)                  30,000-30,500      30,000-30,500
      
    Soymeal prices at other places in Maharashtra : Akola – 30,000, 
    Washim – 30,500, Dhulia – 30,500, Hingoli – 31,500, Jalna – 31,000,
    Nandurbar – 30,500, Khamgaon – 29,500, Latur – 32,000, Nanded – 32,000,
    Solapur – 32,300, Dharwad – 32,400, Sangli – 32,300

WEATHER (NAGPUR)  
Maximum temp. 33.4 degree Celsius, minimum temp. 23.0 degree Celsius 
Rainfall : 30.5
FORECAST: Generally cloudy sky with a few spells of rains or thunder-showers. Maximum and
minimum temperature would be around and 33 and 23 degree Celsius respectively.


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

            *    *     *    *    *    *

Nagpur Foodgrain Prices – APMC/Open Market-July 9, 2018

Nagpur, July 9 (Reuters) – Gram and tuar prices reported down in Nagpur Agriculture Produce
Marketing Committee (APMC) on lack of demand from local millers amid high moisture content
arrival. Downward trend in Madhya Pradesh gram prices and release of stock from stockists also
affected sentiment in limited deals.
About 1,300 bags of gram and 300 bags of tuar reported for auction in Nagpur APMC, according to
sources.  

    FOODGRAINS & PULSES    
      
    GRAM
    * Gram varieties reported strong in open market here on increased seasonal demand 
      from local traders amid tight supply from millers.

    TUAR
    * Tuar varieties firmed up again in open market here on renewed seasonal demand from 
      local traders.
   
    * Masoor varieties reported higher in open market on good demand from local traders.  
                                                                       
   * In Akola, Tuar New – 3,850-3,900, Tuar dal (clean) – 5,600-5,900, Udid Mogar (clean)
    – 6,600-7,300, Moong Mogar (clean) 7,200-7,900, Gram – 3,450-3,550, Gram Super best 
    – 4,600-4,800

   * Wheat, other varieties of rice and other foodgrain items moved in a narrow range in 
     scattered deals and settled at last levels in thin trading activity. 
       
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
    
     FOODGRAINS                 Available prices     Previous close   
     Gram Auction                  3,000-3,560         3,050-3,680
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                3,050-3,775         3,300-3,775
     Moong Auction                n.a.                3,900-4,200
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,600-2,800
     Wheat Mill quality Auction        1,750-1,810         1,750-1,810
     Gram Super Best Bold            5,000-5,200        4,700-5,000
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            4,700-4,800        4,600-4,800
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            3,650-3,750        3,500-3,650
     Desi gram Raw                3,500-3,700         3,350-3,450
     Gram Kabuli                8,000-10,000        8,000-10,000
     Tuar Fataka Best-New             5,800-6,000        5,700-6,000
     Tuar Fataka Medium-New        5,600-5,750        5,500-5,700
     Tuar Dal Best Phod-New        5,400-5,600        5,300-5,500
     Tuar Dal Medium phod-New        5,100-5,300        5,000-5,200
     Tuar Gavarani New             3,950-4,050        3,875-3,950
     Tuar Karnataka             4,350-4,550        4,300-4,500
     Masoor dal best            4,800-5,200        4,500-4,800
     Masoor dal medium            4,500-4,700        4,300-4,500
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        7,500-8,000         7,500-8,000
     Moong Mogar Medium            6,500-7,200        6,500-7,200
     Moong dal Chilka New            5,800-6,800        5,800-6,800
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            7,600-8,500        7,500-8,500
     Udid Mogar best (100 INR/KG) (New) 7,000-7,500       7,000-7,500 
     Udid Mogar Medium (100 INR/KG)    5,000-6,000        5,000-6,000    
     Udid Dal Black (100 INR/KG)        4,800-5,300        4,800-5,300     
     Batri dal (100 INR/KG)        4,800-5,000        4,800-5,000
     Lakhodi dal (100 INR/kg)          2,550-2,650         2,550-2,650
     Watana Dal (100 INR/KG)            3,900-4,000        3,900-4,000
     Watana Green Best (100 INR/KG)    5,300-5,600        5,300-5,600   
     Wheat 308 (100 INR/KG)        2,000-2,100        2,000-2,100
     Wheat Mill quality (100 INR/KG)    1,950-2,050        1,950-2,050   
     Wheat Filter (100 INR/KG)         2,250-2,400           2,250-2,400         
     Wheat Lokwan best (100 INR/KG)    2,250-2,400        2,250-2,400    
     Wheat Lokwan medium (100 INR/KG)   2,100-2,200        2,100-2,200
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,200-4,000        3,200-4,000    
     MP Sharbati Medium (100 INR/KG)    2,400-2,800        2,400-2,800           
     Rice Parmal (100 INR/KG)        2,100-2,200        2,100-2,200
     Rice BPT best (100 INR/KG)        3,400-3,800        3,400-3,800    
     Rice BPT medium (100 INR/KG)        2,800-2,900        2,800-2,900        
     Rice Luchai (100 INR/KG)         2,800-3,000        2,800-3,000      
     Rice Swarna best (100 INR/KG)      2,600-2,800        2,600-2,800   
     Rice Swarna medium (100 INR/KG)      2,500-2,600        2,500-2,600     
     Rice HMT best (100 INR/KG)        4,000-4,300        4,000-4,300     
     Rice HMT medium (100 INR/KG)        3,600-3,900        3,600-3,900        
     Rice Shriram best(100 INR/KG)      5,200-5,500        5,200-5,500
     Rice Shriram med (100 INR/KG)    4,500-4,700        4,500-4,700       
     Rice Basmati best (100 INR/KG)    9,500-14,000        9,500-14,000     
     Rice Basmati Medium (100 INR/KG)    5,000-7,500        5,000-7,500    
     Rice Chinnor best 100 INR/KG)    6,500-7,000        6,500-7,000    
     Rice Chinnor medium (100 INR/KG)    6,100-6,300        6,100-6,300        
     Jowar Gavarani (100 INR/KG)        2,000-2,200        2,000-2,100    
     Jowar CH-5 (100 INR/KG)         1,800-2,000        1,700-2,000

WEATHER (NAGPUR)  
Maximum temp. 33.4 degree Celsius, minimum temp. 23.0 degree Celsius 
Rainfall : 30.5
FORECAST: Generally cloudy sky with a few spells of rains or thunder-showers. Maximum and
minimum temperature would be around and 33 and 23 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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