September 5, 2018 / 8:21 AM / in 4 months

Nagpur Soybean, Soyoil, Soymeal Open- SEP 05, 2018

Nagpur Soybean, Soyoil, Soymeal Open-September 5, 2018

Nagpur, Sept 5 (Reuters) – The rising trend in Soyabean oil remained unabated for the third
straight day today in Vidarbha region of Central Maharashtra as prices rise further on increased
buying by vanaspati millers for the ongoing festival season, amid a firm overseas trend.
Sentiment remained strong, as soya digam oil prices rose in America. Notable rise on NCDEX and
increased demand from South-based traders also pushed up prices, sources said Friday.


                       *****
VIDARBHA MARKETS
OILS
  * Cottonseed, Groundnut loose, Groundnut refined, Sunflower refined, Linseed, Rapeseed, 
    Castor and Coconut KP oil ruled steady here in limited deals. 
  * Traders expect upward trend in soyabean oil here.
    
   SOYMEAL
  * Soymeal prices today ruled steady here but demand was poor.
         
   SOYABEAN
  * Soyabean prices recovered in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on good demand from local crushing plants. Notable hike in soyabean 
    oil, upward trend on NCDEX, notable hike in Madhya Pradesh soyabean prices and 
    reported demand from South-based millers also jacked up prices. 
    About 100 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    30,300-30,900       30,000-30,900         --
    (Available price)
    Market delivery    30,400-31,000       30,100-31,000          --
    (Traders price)
    Plant delivery     34,750-35,500       34,600-35,300          --

    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 – 34,800, Washim – 35,000, Khamgaon – 35,500, Dhulia – 35,800, 
    Hingoli – 36,000, Jalna – 35,300, Nandurbar – 35,100, 
    Latur – 36,000, Nanded – 36,000, Solapur – 36,000, Sangli – 35,700.
        
    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         765            763
    Soyoil solvent crushing plant delivery         725            723    
    Cottonseed refined                             815            815
    Cottonseed solvent                             795            795
    Groundnut oil (loose)                          1,080          1,080
    Groundnut oil refined (15 Litre)               1,670          1,670
    Sunflower oil refined                          880            880
    Linseed oil                                    930            930
    Rapeseed oil (for 15 kg)                       1,330          1,330
    Castor oil (for 15 kg)                         1,530          1,530
    Coconut KP oil (for 15 kg)                     3,350          3,350

    AMRAVATI
    Soyoil refined                                 763            760
    Soyoil Solvent                                 723            720
    Cottonseed refined                             815            815
    Cottonseed solvent                             795            795

    AKOLA
    Soyoil refined                                 765            762
    Soyoil Solvent                                 725            722        
    Cottonseed refined oil                         815          815 
    Cottonseed solvent                             795            795

    DHULIA
    Soyoil refined                                 764            761
  
    KHAMGAON
    Soyoil refined 
                                                765            762
    JALNA
    Soyoil refined 
                                                   767            763
    NANDED
    Soyoil refined                                 760            756
   
    Soyoil refined prices at other places in Maharashtra : Latur - 754, 
    Khamgaon – 760, Washim – 761, Solapur – 755, Sangli – 756.

    (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)                  27,500-27,800    27,500-27,800
      
    Soymeal prices at other places in Maharashtra : Akola – 27,600, 
    Washim – 27,400, Dhulia – 28,800, Hingoli – 27,800, Jalna – 29,000,
    Nandurbar – 29,000, Khamgaon – 27,200, Latur – 28,000, Nanded – 28,800,
    Solapur – 29,500, Dharwad – 26,800, Sangli – 29,500

Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but
included in market prices.

WEATHER (NAGPUR)  
Maximum temp. 30.9 degree Celsius, minimum temp. 21.7 degree Celsius 
Rainfall : Nil
FORECAST: Generally cloudy sky with one or two spells of rains or thunder-showers. Maximum and
minimum temperature would be around and 30 and 22 degree Celsius respectively.

            *    *     *    *    *    *

  
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below