June 20, 2018 / 7:59 AM / a month ago

Nagpur Soybean, Soyoil, Soymeal Open- JUN 20, 2018

Nagpur Soybean, Soyoil, Soymeal Open-June 20, 2018

Nagpur, June 20 (Reuters) – In range-bound trade, major edible oil prices remained unchanged at
the Vidarbha region of Western Maharashtra today in the absence of worthwhile activity. Arrivals
and offtake too remained at a low ebb and volume of business poor. Absence of demand from
millers mainly kept major oil prices unchanged. No trader was in mood for any commitment,
adopting `wait and watch’ move because of fresh fall in American soya digam prices, 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 sluggish 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 showed weak tendency in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on poor demand from local crushing plants. No takers to soyabean oil 
    & soymeal, easy condition in Madhya Pradesh soyabean prices and high moisture content 
    arrival also pushed down prices here. 
    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    30,500-33,200       30,500-33,500         --
    (Available price)
    Market delivery    30,100-33,300       30,600-33,600          --
    (Traders price)
    Plant delivery     35,400-35,800       35,500-36,000          --

    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             100                   30,500-33,700
    Akola                  100                30,700-33,200
    Amravati               100                 30,300-33,500 
    Khamgaon               n.a.                   n.a.
    Wardha                 100            30,500-33,200 
    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 – 36,700, Washim – 36,700, Khamgaon – 36,400, Dhulia – 36,800, 
    Hingoli – 36,400, Jalna – 36,800, Nandurbar – 36,900, 
    Latur – 36,400, Nanded – 36,400, Solapur – 36,400, Sangli – 36,800.
        
    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
                              
                                Wednesday’s open   Previous close   
   
    Soyoil refined crushing plant delivery         753            753
    Soyoil solvent crushing plant delivery         713            713    
    Cottonseed refined                             735            735
    Cottonseed solvent                             710            710
    Groundnut oil (loose)                          1,010          1,010
    Groundnut oil refined (15 Litre)               1,590          1,590
    Sunflower oil refined                          880            880
    Linseed oil                                    830            830
    Rapeseed oil (for 15 kg)                       1,320          1,320
    Castor oil (for 15 kg)                         1,410          1,410
    Coconut KP oil (for 15 kg)                     3,450          3,450

    AMRAVATI
    Soyoil refined                                 753            753
    Soyoil Solvent                                 714            714
    Cottonseed refined                             740            740
    Cottonseed solvent                             695            695

    AKOLA
    Soyoil refined                                 752            752
    Soyoil Solvent                                 712            712        
    Cottonseed refined oil                         743          743 
    Cottonseed solvent                             693            693

    DHULIA
    Soyoil refined                                 757            757
  
    AURANGABAD
    Soyoil refined 
                                                757            757
    JALNA
    Soyoil refined 
                                                   755            755
    NANDED
    Soyoil refined                                 755            755
   
    Soyoil refined prices at other places in Maharashtra : Latur - 754, 
    Parbhani – 757, Koosnoor – 754, Solapur – 755, Sangli – 759.

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

                  Wednesday’s open     Previous Close
    Soymeal (Nagpur)                  28,700-29,000        28,700-29,000
      
    Soymeal prices at other places in Maharashtra : Akola – 28,600, 
    Washim – 28,900, Dhulia – 29,500, Hingoli – 30,500, Jalna – 30,800,
    Nandurbar – 29,200, Khamgaon – 28,500, Latur – 30,200, Nanded – 30,000,
    Solapur – 30,000, Dharwad – 30,200, Sangli – 30,300

WEATHER (NAGPUR)  
Maximum temp. 37.0 degree Celsius, minimum temp. 26.2 degree Celsius 
Rainfall : Nil
FORECAST: Partly cloudy sky with possibility of moderate rains or thunderstorm. Maximum and
minimum temperature would be around and 37 and 26 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