September 27, 2018 / 7:51 AM / 23 days ago

Nagpur Soybean, Soyoil, Soymeal Open- SEP 27, 2018

Nagpur Soybean, Soyoil, Soymeal Open-September 27, 2018

Nagpur, Sept 27 (Reuters) – Barring a notable rise 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. Fresh rise in demand from millers and retailers against inadequate
stocks mainly pushed Soyabean oil prices up. Strong rally in American soya digam prices and good
recovery on NCDEX also boosted sentiment, sources said Thursday.

                       *****
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 upward trend in Soyabean oil here.
    
   SOYMEAL
  * Soymeal prices today ruled steady here but demand was poor.
         
   SOYABEAN
  * Soyabean prices declined in Nagpur Agriculture Produce Marketing 
    Committee (APMC) on lack of demand from local crushing plants amid high moisture 
    content arrival. No takers to soymeal, easy condition in Madhya Pradesh soyabean 
    prices and release of stock from stockists also pushed down prices.
    About 1,300 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    30,500-32,750       30,500-33,150         --
    (Available price)
    Market delivery    30,600-32,850       30,600-33,250          --
    (Traders price)
    Plant delivery     34,300-34,700       34,500-35,000          --

    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                  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 – 34,900, Washim – 35,000, Khamgaon – 33,750, Dhulia – 35,250, 
    Hingoli – 34,500, Jalna – 34,500, Nandurbar – 35,500, 
    Latur – 34,500, Nanded – 34,500, Solapur – 33,200, Sangli – 32,500.
        
    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         765            761
    Soyoil solvent crushing plant delivery         725            721    
    Cottonseed refined                             765            765
    Cottonseed solvent                             735            735
    Groundnut oil (loose)                          1,080          1,080
    Groundnut oil refined (15 Litre)               1,650          1,650
    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                                 763            759
    Soyoil Solvent                                 723            719
    Cottonseed refined                             760            760
    Cottonseed solvent                             730            730

    AKOLA
    Soyoil refined                                 764            760
    Soyoil Solvent                                 724            720        
    Cottonseed refined oil                         760          760 
    Cottonseed solvent                             730            730

    DHULIA
    Soyoil refined                                 750            748
  
    KHAMGAON
    Soyoil refined 
                                                764            761
    JALNA
    Soyoil refined 
                                                   759            756
    NANDED
    Soyoil refined                                 755            752
   
    Soyoil refined prices at other places in Maharashtra : Latur - 752, 
    Khamgaon – 762, Washim – 761, Solapur – 756, Sangli – 758.

    (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)                  28,400-28,700    28,400-28,700
      
    Soymeal prices at other places in Maharashtra : Akola – 28,300, 
    Washim – 29,300, Dhulia – 29,300, Hingoli – 29,500, Jalna – 30,000,
    Nandurbar – 29,800, Khamgaon – 27,500, Latur – 29,000, Nanded – 29,100,
    Solapur – 29,500, Dharwad – 28,200, Sangli – 27,300

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

WEATHER (NAGPUR)  
Maximum temp. 35.2 degree Celsius, minimum temp. 22.2 degree Celsius 
Rainfall : Nil
FORECAST: Partly cloudy sky. Maximum and minimum temperature would be around and 35 and 22
degree Celsius respectively.

  
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