July 4, 2019 / 9:03 AM / in 4 months

Nagpur Soybean, Soyoil, Soymeal Open- JULY 04, 2019

Nagpur Soybean, Soyoil, Soymeal Open-July 4, 2019

Nagpur, July 4 (Reuters) – Soyabean oil prices 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, fresh
fall on NCDEX and easy condition in Madhya Pradesh soyabean oil also affected sentiment in thin
trading activity, sources said Thursday. 

                       *****
VIDARBHA MARKETS
OILS
  * Cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, 
    Rapeseed, castor and coconut KP oil ruled steady here in thin 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 reported down in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on lack of demand from local crushing plants. Weak trend in soyabean 
    oil, no takers to soymeal since past two sessions and easy condition on NCDEX also 
    affected prices. 
    About 250 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    33,000-35,900       33,500-36,000         --
    (Available price)
    Market delivery    33,100-36,000       33,600-36,100          --
    (Traders price)
    Plant delivery     37,200-37,500       37,200-37,500          --

    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 – 37,700, Washim – 37,100, Khamgaon – 37,400, Dhulia – 37,500, 
    Hingoli – 38,100, Jalna – 37,100, Nandurbar – 37,700, 
    Latur – 38,100, Nanded – 38,100, Solapur – 38,200, Sangli – 38,250.
        
    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.             1,900-2,150
    Cotton            n.a.              n.a.             4,300-4,600

                                                                        
        NAGPUR
                              
                                Today’s open   Previous close   
   
    Soyoil refined crushing plant delivery         756            758
    Soyoil solvent crushing plant delivery         716            718    
    Cottonseed refined                             777            777
    Cottonseed solvent                             737            737
    Groundnut oil – loose (10 kg)                  1,220          1,220
    Groundnut oil refined (15 Litre)               1,800          1,800
    Sunflower oil refined (10 kg)                  900            900
    Linseed oil (10 kg)                            860            860
    Rapeseed oil (for 15 kg)                       1,240          1,240
    Castor oil (for 15 kg)                         1,850          1,850
    Coconut KP oil (for 15 kg)                     3,100          3,100

    AMRAVATI
    Soyoil refined                                 755            756
    Soyoil Solvent                                 715            716
    Cottonseed refined                             777            777
    Cottonseed solvent                             737            737

    AKOLA
    Soyoil refined                                 755            756
    Soyoil Solvent                                 715            716        
    Cottonseed refined oil                         777          777 
    Cottonseed solvent                             737            737

    DHULIA
    Soyoil refined                                 766            767
  
    KHAMGAON
    Soyoil refined 
                                                767            769
    JALNA
    Soyoil refined 
                                                   765            766
    NANDED
    Soyoil refined                                 747            748
   
    Soyoil refined prices at other places in Maharashtra : Latur - 744, 
    Khamgaon – 768, Washim – 754, Solapur – 744, Sangli – 756.

    (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)                  31,100-31,500    31,100-31,500
      
    Soymeal prices at other places in Maharashtra : Akola – 31,200, 
    Washim – 31,500, Dhulia – 32,300, Hingoli – 32,500, Jalna – 32,300,
    Nandurbar – 32,300, Khamgaon – 31,000, Latur – 32,200, Nanded – 32,000,
    Solapur – 32,800, Dharwad – 33,300, Sangli – 32,800

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

WEATHER (NAGPUR)  
Maximum temp. 28.2 degree Celsius, minimum temp. 23.3 degree Celsius 
Rainfall : 3.5 mm
FORECAST: Generally cloudy sky with one or two spells of rains or thunder-showers. Maximum and
minimum temperature likely to be around 29 degree Celsius and 23 degree Celsius respectively.

        *    *     *    *    *    *

  
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