Nagpur Soybean, Soyoil, Soymeal Open-October 25, 2018 Nagpur, Oct 25 (Reuters) – Soyabean oil today suffered heavily in Vidarbha region of Western Maharashtra on stockists selling looking towards month ending, driven by higher imports amid weak global cues. Fall in demand from millers and retailers also put pressure on soyabean oil. Besides, sufficient stocks, sharp 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, Rapeseed, Linseed, Castor and Coconut KP oil ruled steady here in weak trading activity. * Traders expect easy condition in soyabean oil here. SOYMEAL * Soymeal prices today ruled steady here on poor buying support. Further fall in international soymeal prices also affected sentiment in weak trading activity. SOYABEAN * Soyabean prices moved down in Nagpur Agriculture Produce Marketing Committee (APMC) on lack of demand from local crushing plants amid poor quality arrival. Fresh fall in soyabean oil, no takers to soymeal, downward trend in Madhya Pradesh soyabean prices and weak trend on NCDEX also pulled down prices here. About 5,000 new 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 26,500-30,800 27,000-30,800 -- (Available price) Market delivery 26,600-30,900 27,100-30,900 -- (Traders price) Plant delivery 31,900-32,500 31,900-32,500 -- 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 – 32,100, Washim – 32,300, Khamgaon – 32,400, Dhulia – 33,200, Hingoli – 33,300, Jalna – 32,800, Nandurbar – 32,200, Latur – 33,500, Nanded – 33,300, Solapur – 33,500, Sangli – 33,500. 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. 1,100-1,300 Dhan n.a. n.a. 2,100-2,441 Cotton n.a. n.a. 4,300-4,600 NAGPUR Today’s open Previous close Soyoil refined crushing plant delivery 767 771 Soyoil solvent crushing plant delivery 727 731 Cottonseed refined 755 760 Cottonseed solvent 725 730 Groundnut oil (loose) 1,070 1,070 Groundnut oil refined (15 Litre) 1,640 1,640 Sunflower oil refined 870 870 Linseed oil 940 940 Rapeseed oil (for 15 kg) 1,340 1,340 Castor oil (for 15 kg) 1,540 1,540 Coconut KP oil (for 15 kg) 3,350 3,350 AMRAVATI Soyoil refined 768 770 Soyoil Solvent 728 730 Cottonseed refined 755 755 Cottonseed solvent 720 725 AKOLA Soyoil refined 768 771 Soyoil Solvent 728 731 Cottonseed refined oil 750 755 Cottonseed solvent 720 725 DHULIA Soyoil refined 768 772 KHAMGAON Soyoil refined 764 765 JALNA Soyoil refined 771 774 NANDED Soyoil refined 752 755 Soyoil refined prices at other places in Maharashtra : Latur - 752, Khamgaon – 761, Washim – 762, Solapur – 752, Sangli – 762. (Please add 5% Goods and Service Tax on Soyabean and Cotton oil prices.) Nagpur soymeal prices in rupees per tonne Today’s open Previous Close Soymeal (Nagpur) 26,200-26,500 26,200-26,500 Soymeal prices at other places in Maharashtra : Akola – 26,200, Washim – 26,800, Dhulia – 27,200, Hingoli – 26,300, Jalna – 27,300, Nandurbar – 26,200, Khamgaon – 25,500, Latur – 26,800, Nanded – 26,500, Solapur – 27,200, Dharwad – 26,000, Sangli – 27,000 WEATHER (NAGPUR) Maximum temp. 34.5 degree Celsius, minimum temp. 16.5 degree Celsius Rainfall : Nil FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 35 and 16 degree Celsius respectively. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices. * * * * * *