September 21, 2018 / 7:37 AM / 8 months ago

Nagpur Soybean, Soyoil, Soymeal Open- SEP 21, 2018

Nagpur Soybean, Soyoil, Soymeal Open-September 21, 2018

Nagpur, Sept 21 (Reuters) – Barring a marginal fall in soyabean 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 soyabean oil prices down. Trading activity in other edible oils reported
weak as traders adopted wait and watch move, sources said Friday.

                       *****
VIDARBHA MARKETS
OILS
  * Cottonseed, Groundnut loose, Groundnut refined, Sunflower refined, Linseed, 
    Rapeseed, Castor and Coconut KP oil ruled steady here in sluggish trading activity. 
  * Traders expect nearly steady trend in major edible and non-edible oils here.
    
   SOYMEAL
  * Soymeal prices today ruled steady here on subdued demand from local traders amid 
    ample stock in ready position.         
                                                                          
        NAGPUR
                              
                                Today’s open   Previous close   
   
    Soyoil refined crushing plant delivery         750            752
    Soyoil solvent crushing plant delivery         710            712    
    Cottonseed refined                             780            780
    Cottonseed solvent                             750            750
    Groundnut oil (loose)                          1,080          1,080
    Groundnut oil refined (15 Litre)               1,670          1,670
    Sunflower oil refined                          880            880
    Linseed oil                                    920            920
    Rapeseed oil (for 15 kg)                       1,330          1,330
    Castor oil (for 15 kg)                         1,540          1,540
    Coconut KP oil (for 15 kg)                     3,350          3,350

    AMRAVATI
    Soyoil refined                                 751            753
    Soyoil Solvent                                 710            712
    Cottonseed refined                             768            768
    Cottonseed solvent                             738            738

    AKOLA
    Soyoil refined                                 751            753
    Soyoil Solvent                                 711            713        
    Cottonseed refined oil                         768          786 
    Cottonseed solvent                             738            768

    DHULIA
    Soyoil refined                                 748            750
  
    KHAMGAON
    Soyoil refined 
                                                755            758
    JALNA
    Soyoil refined 
                                                   751            752
    NANDED
    Soyoil refined                                 750            752
   
    Soyoil refined prices at other places in Maharashtra : Latur - 748, 
    Khamgaon – 754, Washim – 753, Solapur – 747, Sangli – 749.

    (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)                  28,200-28,500    28,200-28,500
      
    Soymeal prices at other places in Maharashtra : Akola – 28,000, 
    Washim – 29,000, Dhulia – 28,800, Hingoli – 29,200, Jalna – 29,500,
    Nandurbar – 29,400, Khamgaon – 26,000, Latur – 29,000, Nanded – 30,200,
    Solapur – 29,000, Dharwad – 28,200, Sangli – 28,200

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

WEATHER (NAGPUR)  
Maximum temp. 34.5 degree Celsius, minimum temp. 25.1 degree Celsius 
Rainfall : Nil
FORECAST: Partly cloudy sky. Possibility of rains or thunder-showers. Maximum and minimum
temperature would be around and 34 and 23 degree Celsius respectively.

ATTN: Nagpur APMC is officially open but no auction of soybean, pulses and other foodgrain items
reported on the occasion of elections of Nagpur APMC brokers association.
    

  
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