October 26, 2018 / 8:37 AM / 8 months ago

Nagpur Soybean, Soyoil, Soymeal Open- OCT 26, 2018

Nagpur Soybean, Soyoil, Soymeal Open-October 26, 2018

Nagpur, Oct 26 (Reuters) – Barring a fall in Sunflower oil, major edible oil prices today
generally ruled flat in the Vidarbha region of Western Maharashtra in the absence of any
worthwhile trading activity. Slackness in demand from millers and retailers against adequate
stocks mainly pulled this oil prices down. Trading activity in other edible oils reported weak
because of fresh fall in international oil prices, sources said Friday.


                       *****
VIDARBHA MARKETS
OILS
  * Soyabean, Cottonseed, Groundnut loose, Groundnut refined, Rapeseed,
    Linseed, Castor and Coconut KP oil ruled steady here in sluggish trading activity. 
  * Traders expect easy condition in soyabean oil here.
    
   SOYMEAL
  * Soymeal prices today quoted static here but demand was poor. 

         
   SOYABEAN
  * Soyabean prices recovered in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on good demand from local crushing plants amid thin arrival from 
    producing belts. Good recovery on NCDEX, upward trend in Madhya Pradesh soyabean 
    prices and reported demand from South-based plants also jacked up prices. 
    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    26,000-31,200       26,500-30,800         --
    (Available price)
    Market delivery    26,100-31,300       26,600-30,900          --
    (Traders price)
    Plant delivery     32,000-32,600       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 – 33,500, Jalna – 32,800, Nandurbar – 32,200, 
    Latur – 33,700, Nanded – 33,500, Solapur – 34,000, 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            767
    Soyoil solvent crushing plant delivery         727            727    
    Cottonseed refined                             755            755
    Cottonseed solvent                             725            725
    Groundnut oil (loose)                          1,070          1,070
    Groundnut oil refined (15 Litre)               1,640          1,640
    Sunflower oil refined                          865            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            768
    Soyoil Solvent                                 728            728
    Cottonseed refined                             750            750
    Cottonseed solvent                             725            720

    AKOLA

    Soyoil refined                                 768            771
    Soyoil Solvent                                 728            731        
    Cottonseed refined oil                         750          750 
    Cottonseed solvent                             720            720

    DHULIA

    Soyoil refined                                 773            773
  
    KHAMGAON

    Soyoil refined 
                                                764            764
    JALNA

    Soyoil refined 
                                                   771            771
    NANDED

    Soyoil refined                                 752            752
   



    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. 34.9 degree Celsius, minimum temp. 16.1 degree Celsius 
Rainfall : Nil
FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 34 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.

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