Nagpur Soybean, Soyoil, Soymeal Open-March 27, 2018 Nagpur, Mar 27 (Reuters) – In range-bound trade, soyabean and cottonseed oil prices moved down at the Vidarbha region of Western Maharashtra today largely on reduced offtake amid weak global trend. Sentiment turned bearish after Malaysian palm oil reported downward trend. Fresh fall on NCDEX in soyabean and easy condition in Madhya Pradesh soyabean oil also affected sentiment, according to sources. ***** VIDARBHA MARKETS OILS * Groundnut loose, Groundnut refined, Rapeseed, Linseed, Rapeseed, Castor and coconut KP oil ruled steady here in weak trading activity. * Traders expect further fall in soyabean and cottonseed oil here. SOYMEAL * Soymeal prices today ruled steady here but demand was poor. SOYABEAN * Soyabean prices recovered strongly in Nagpur Agriculture Produce Marketing Committee (APMC) on good buying support from local crushing plants amid weak supply from producing belts. Good recovery in Madhya Pradesh soyabean prices and reported demand from South-based plants also boosted prices. About 400 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 33,000-37,100 32,500-36,800 -- (Available price) Market delivery 33,100-37,200 32,600-36,900 -- (Traders price) Plant delivery 38,000-38,400 37,900-38,300 -- 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 500 32,800-36,300 Akola 500 33,000-36,200 Amravati 500 34,000-36,500 Khamgaon n.a. n.a. Wardha 500 34,200-37,500 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 – 37,800, Washim – 38,250, Khamgaon – 37,300, Dhulia – 38,600, Hingoli – 39,100, Jalna – 38,200, Nandurbar – 38,500, Latur – 39,100, Nanded – 39,100, Solapur – 39,400, Sangli – 39,000. 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 Tuesday’s open Previous close Soyoil refined crushing plant delivery 763 765 Soyoil solvent crushing plant delivery 723 726 Cottonseed refined 745 750 Cottonseed solvent 725 730 Groundnut oil (loose) 1,020 1,020 Groundnut oil refined (15 Litre) 1,610 1,610 Sunflower oil refined 850 850 Linseed oil 890 890 Rapeseed oil (for 15 kg) 1,300 1,300 Castor oil (for 15 kg) 1,500 1,500 Coconut KP oil (for 15 kg) 3,470 3,470 AMRAVATI Soyoil refined 765 767 Soyoil Solvent 725 727 Cottonseed refined 730 735 Cottonseed solvent 700 703 AKOLA Soyoil refined 766 767 Soyoil Solvent 724 728 Cottonseed refined oil 745 750 Cottonseed solvent 700 705 DHULIA Soyoil refined 760 762 AURANGABAD Soyoil refined 761 764 JALNA Soyoil refined 754 757 NANDED Soyoil refined 752 756 Soyoil refined prices at other places in Maharashtra : Latur - 752, Parbhani – 757, Koosnoor – 757, Solapur – 752, Sangli – 762. (Please add 5% Goods and Service Tax on Soyabean and Cotton oil prices.) Nagpur soymeal prices in rupees per tonne Tuesday’s open Previous Close Soymeal (Nagpur) 31,600-32,000 31,600-32,000 Soymeal prices at other places in Maharashtra : Akola – 31,000, Washim – 31,300, Dhulia – 33,000, Hingoli – 33,500, Jalna – 32,700, Nandurbar – 32,600, Khamgaon – 32,000, Latur – 32,700, Nanded – 32,000, Parbhani – 32,300, Solapur – 33,200, Dharwad – 33,000, Sangli – 33,000 WEATHER (NAGPUR) Maximum temp. 39.4 degree Celsius, minimum temp. 17.2 degree Celsius Rainfall : Nil FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 39 and 17 degree Celsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices.