November 15, 2019 / 8:19 AM / 3 months ago

Nagpur Soybean, Soyoil, Soymeal Open- November 15, 2019

Nagpur Soybean, Soyoil, Soymeal Open-November 15, 2019

Nagpur, Nov 15 (Reuters) – The slide in soyabean oil prices continued unabated in Vidarbha
region of Western Maharashtra for fourth day today on persistent selling by stockists amid good
supply from producing regions and weak trends in overseas markets. Sentiment turned bearish as
Malaysian palm oil reported down. Fresh fall on NCDEX and downward trend in Madhya Pradesh
edible oil prices also affected sentiment, according to sources.

                       *****
VIDARBHA MARKETS
OILS
  * Cottonseed, groundnut loose, groundnut refined, sunflower refined, linseed, castor 
    and coconut KP oil ruled steady here in sluggish trading activity.  
  * Traders expect easy condition in soyabean oil prices here.   
    
   SOYMEAL
 * Soymeal prices today suffered heavily here on lack of demand from South-based traders.
                                         
   SOYABEAN
  * Soyabean prices declined sharply in Nagpur Agriculture Produce Marketing 
  Committee (APMC) on lack of demand from local crushing plants. Fresh fall in soyabean 
  oil, downward trend in soymeal and weak trend on NCDEX also pulled down prices in 
  weak trading activity.  
    About 4,500 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    30,000-37,400       30,300-38,000         --
    (Available price)
    Market delivery    30,100-37,500       30,400-38,100          --
    (Traders price)
    Plant delivery     37,900-38,300       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             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 – 38,300, Washim – 38,500, Khamgaon – 38,600, Dhulia – 38,600, 
    Hingoli – 38,300, Jalna – 37,100, Nandurbar – 38,800, 
    Latur – 38,300, Nanded – 37,700, Solapur – 38,300, Sangli – 38,500.
        
    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.             2,100-2,300
    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         790            795
    Soyoil solvent crushing plant delivery         750            755    
    Cottonseed refined                             790            790
    Cottonseed solvent                             750            750
    Groundnut oil – loose (10 kg)                  1,260          1,260
    Groundnut oil refined (15 Litre)               1,840          1,840
    Sunflower oil refined (10 kg)                  950            950
    Linseed oil (10 kg)                            860            860
    Rapeseed oil (for 15 kg)                       1,390          1,390
    Castor oil (for 15 kg)                         1,650          1,650
    Coconut KP oil (for 15 kg)                     3,060          3,060

    AMRAVATI
    Soyoil refined                                 792            795
    Soyoil Solvent                                 752            756
    Cottonseed refined                             795            795
    Cottonseed solvent                             755            755

    AKOLA
    Soyoil refined                                 792            797
    Soyoil Solvent                                 752            756        
    Cottonseed refined oil                         795          795 
    Cottonseed solvent                             755            755

    DHULIA
    Soyoil refined                                 800            802
  
    KHAMGAON
    Soyoil refined 
                                                800            803
    JALNA
    Soyoil refined 
                                                   795            797
    NANDED
    Soyoil refined                                 790            795
   
    Soyoil refined prices at other places in Maharashtra : Latur - 800, 
    Washim – 800, Solapur – 798, Sangli – 801.

    (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)                  32,500-33,000    33,000-33,500
      
    Soymeal prices at other places in Maharashtra : Akola – 32,800, 
    Washim – 32,600, Dhulia – 33,700, Hingoli – 33,700, Jalna – 33,800,
    Nandurbar – 34,000, Khamgaon – 32,000, Latur – 33,500, Nanded – 33,500,
    Solapur – 34,700, Dharwad – 34,500, Sangli – 33,500

WEATHER (NAGPUR)  
Maximum temp. 30.1 degree Celsius, minimum temp. 14.5 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature likely to be around 30 degree
Celsius and 15 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-November 15, 2018

Nagpur, Nov 15 (Reuters) – Gram prices reported down in Nagpur Agriculture Producing and
Marketing Company (APMC) here on poor demand from local millers amid high moisture content
arrival. Easy condition in Madhya Pradesh gram prices and release of stock from stockists also
pushed down prices in limited deals.
About 300 bags of gram reported for auctions here, according to sources. 

    FOODGRAINS & PULSES          
       
    GRAM
    * Gram varieties ruled steady in open market here on subdued demand from local 
      traders.

    TUAR 
  * Tuar gavarani quoted weak in open market here on increased demand from local 
    traders. 
     
    * Rice Shriram variety recovered in open market here on increased buying support from 
      local traders amid tight supply from producing belts.  
                                                                                  
   * In Akola, Tuar New – 5,600-5,800, Tuar dal (clean) – 8,500-8,700, Udid Mogar (clean)
    – 9,000-10,000, Moong Mogar (clean) 8,800-9,800, Gram – 4,350-4,550, Gram Super best 
    – 6,200-6,400

   * Wheat, other varieties of rice and other foodgrain items moved in a narrow range in 
     scattered deals and settled at last levels in weak trading activity. 
       
 Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
    
     FOODGRAINS                 Available prices     Previous close   
     Gram Auction                  3,900-4,605         3,900-4,680
     Gram Pink Auction            n.a.           2,100-2,600
     Tuar Auction                n.a.                5,000-5,380
     Moong Auction                n.a.                3,950-4,200
     Udid Auction                n.a.           4,300-4,500
     Masoor Auction                n.a.              2,200-2,500
     Wheat Lokwan Auction            2,000-2,110         2,000-2,085
     Wheat Sharbati Auction        n.a.             2,900-3,000
     Gram Super Best Bold            6,200-6,500        6,200-6,500
     Gram Super Best            n.a.            n.a.
     Gram Medium Best            5,800-6,000        5,800-6,000
     Gram Dal Medium            n.a.            n.a
     Gram Mill Quality            4,550-4,650        4,550-4,650
     Desi gram Raw                4,550-4,700         4,550-4,700
     Gram Kabuli                8,500-10,000        8,500-10,000
     Tuar Fataka Best-New             8,700-9,000        8,700-9,000
     Tuar Fataka Medium-New        8,200-8,500        8,200-8,500
     Tuar Dal Best Phod-New        8,300-8,500        8,300-8,500
     Tuar Dal Medium phod-New        7,500-8,000        7,500-8,000
     Tuar Gavarani New             5,900-6,000        5,950-6,050
     Tuar Karnataka             6,350-6,450        6,350-6,450
     Masoor dal best            5,600-5,800        5,600-5,800
     Masoor dal medium            5,300-5,400        5,300-5,400
     Masoor                    n.a.            n.a.
     Moong Mogar bold (New)        9,000-10,000        9,000-10,000
     Moong Mogar Medium            8,000-8,800        8,000-8,800
     Moong dal Chilka New            7,500-8,500        7,500-8,500
     Moong Mill quality            n.a.            n.a.
     Moong Chamki best            9,000-11,000        9,000-11,000
     Udid Mogar best (100 INR/KG) (New) 9,500-10,500       9,500-10,500 
     Udid Mogar Medium (100 INR/KG)    8,500-9,200        8,200-8,900    
     Udid Dal Black (100 INR/KG)        6,300-6,900        6,300-6,900     
     Mot (100 INR/KG)            6,200-7,000        6,000-7,000
     Lakhodi dal (100 INR/kg)          5,000-5,200         5,000-5,200
     Watana Dal (100 INR/KG)            5,800-6,000        5,800-6,000
     Watana Green Best (100 INR/KG)    8,800-10,000        8,800-10,000   
     Wheat 308 (100 INR/KG)        2,350-2,450        2,350-2,450
     Wheat Mill quality (100 INR/KG)    2,200-2,300        2,200-2,300   
     Wheat Filter (100 INR/KG)         2,700-2,800           2,700-2,800         
     Wheat Lokwan best (100 INR/KG)    2,700-2,850        2,700-2,850    
     Wheat Lokwan medium (100 INR/KG)   2,400-2,600        2,400-2,600
     Lokwan Hath Binar (100 INR/KG)    n.a.            n.a.
     MP Sharbati Best (100 INR/KG)    3,400-4,200        3,400-4,200    
     MP Sharbati Medium (100 INR/KG)    2,800-3,200        2,800-3,200           
     Rice Parmal (100 INR/KG)        2,400-2,500        2,400-2,500
     Rice BPT best new (100 INR/KG)    3,000-3,600        3,000-3,600  
     Rice BPT medium new(100 INR/KG)    2,700-3,000        2,700-3,000       
     Rice Luchai (100 INR/KG)         3,000-3,100        3,000-3,100      
     Rice Swarna best new (100 INR/KG)  2,600-2,800        2,600-2,800 
     Rice Swarna medium new (100 INR/KG)2,400-2,500        2,400-2,500
     Rice HMT best new (100 INR/KG)     3,900-4,000        3,900-4,000     
     Rice HMT medium new (100 INR/KG)    3,600-3,800        3,600-3,800 
     Rice Shriram best new(100 INR/KG)  4,600-5,000        4,500-4,800
     Rice Shriram med new (100 INR/KG)    4,100-4,400        4,000-4,300          
     Rice Basmati best (100 INR/KG)    8,500-13,500        8,500-13,500     
     Rice Basmati Medium (100 INR/KG)    5,000-7,200        5,000-7,200    
     Rice Chinnor best new 100 INR/KG)    5,400-5,500        5,400-5,500    
     Rice Chinnor medium new(100 INR/KG)5,000-5,200        5,000-5,200 
     Jowar Gavarani (100 INR/KG)        2,350-2,550        2,350-2,550    
     Jowar CH-5 (100 INR/KG)         2,050-2,250        2,050-2,250

WEATHER (NAGPUR)  
Maximum temp. 30.1 degree Celsius, minimum temp. 14.5 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature likely to be around 30 degree
Celsius and 15 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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