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Nagpur Soybean, Soyoil, Soymeal Open- October 24, 2017
October 24, 2017 / 8:34 AM / 2 months ago

Nagpur Soybean, Soyoil, Soymeal Open- October 24, 2017

Nagpur Soybean, Soyoil, Soymeal Open-October 24

Nagpur, Oct 24 (Reuters) – Coconut KP oil today suffered heavily in Vidarbha region of Western
Maharashtra on stockists selling, driven by higher arrival from producing regions. Fall in
demand from millers and retailers also put pressure on coconut oil. Besides, sufficient stocks
and weak trend in producing regions also pulled down prices, sources said Tuesday.



                       *****
VIDARBHA MARKETS
OILS
  
  * Soyabean, Cottonseed, Groundnut loose, Groundnut refined, Sunflower refined, Linseed, 
    Rapeseed and Castor 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 moved down in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on lack of demand from local crushing plants amid high moisture 
    content arrival. No takers to soyabean oil & soymeal and fresh fall in Madhya Pradesh 
    soyabean prices also pushed down prices in limited trading activity.
    About 5,000 soyabean bags reported for auctions here, according to sources.  

 Nagpur soybean prices in rupees/tonne:
                           -----Soybean yellow-----       Soybean black
               Available          Previous
                       Auction price    (Auction price)
    Market delivery    24,000-26,300       24,000-26,800         --
    (Available price)
    Market delivery    24,100-26,400       24,100-26,700          --
    (Traders price)
    Plant delivery     28,200-29,000       28,250-29,000          --

    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             n.a.                   n.a.
    Akola                  5,000               23,800-26,400
    Amravati               2,000               23,400-26,000 
    Khamgaon               n.a.                   n.a.
    Wardha                 2,000            23,500-26,000 
    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 - 29,000, Washim – 29,300, Dhulia – 29,200, Hingoli – 29,200, 
    Jalna – 29,100, Koosnoor – 29,300, Malkapur – 29,200, Latur – 29,100, 
    Nanded – 28,900, Solapur – 29,300, Sangli – 29,400.
        
    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.             1,350-1,500
    Dhan            n.a.                n.a.             2,200-2,250
    Cotton            n.a.              n.a.             4,950-5,025

                                                                        
        NAGPUR
                              
                                Tuesday’s open   Previous close   
   
    Soyoil refined crushing plant delivery         712            712
    Soyoil solvent crushing plant delivery         672            672    
    Cottonseed refined                             740            740
    Cottonseed solvent                             720            720
    Groundnut oil (loose)                          1,000          1,000
    Groundnut oil refined (15 Litre)               1,600          1,600
    Sunflower oil refined                          750            750
    Linseed oil                                    770            770
    Rapeseed oil (for 15 kg)                       1,170          1,170
    Castor oil (for 15 kg)                         1,550          1,550
    Coconut KP oil (for 15 kg)                     2,900          2,950

    AMRAVATI
    Soyoil refined                                 710            710
    Soyoil Solvent                                 670            670
    Cottonseed refined                             740            740
    Cottonseed solvent                             720            720

    AKOLA
    Soyoil refined                                 710            710
    Soyoil Solvent                                 668            668        
    Cottonseed refined oil                         740          740 
    Cottonseed solvent                             720            720

    DHULIA
    Soyoil refined                                 715            715
  
    AURANGABAD
    Soyoil refined 
                                                715            715
    JALNA
    Soyoil refined 
                                                   716            716
    NANDED
    Soyoil refined                                 714            716
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 716, 
    Baramati – 715, Latur - 714, Parbhani – 713, Koosnoor – 713, Solapur – 716, 
    Sangli – 715.
                                     
Nagpur soymeal prices in rupees per tonne

                  Tuesday’s open       Previous Close
    Soymeal (Nagpur)                  23,500-24,000          23,500-24,000
      
    Soymeal prices at other places in Maharashtra : Adilabad – 24,000 
    Akola – 23,000, Washim – 24,000, Dhulia – 24,100, Hingoli – 24,000, 
    Jalna – 24,000, Nandurbar – 24,000, Khamgaon – 22,800, Latur – 24,500, 
    Nanded – 24,200, Parbhani – 24,100, Solapur – 24,300, Supa – n.a., 
    Dharwad – 23,800, Sangli – 24,000

WEATHER (NAGPUR)  
Maximum temp. 34.6 degree Celsius, minimum temp. 15.8 degree Celsius 
Rainfall : Nil
FORECAST: Partly cloudy sky. Maximum and minimum temperature would be around and 34 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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