Reuters logo
Nagpur Soybean, Soyoil, Soymeal Open- September 15, 2017
September 15, 2017 / 7:52 AM / 2 months ago

Nagpur Soybean, Soyoil, Soymeal Open- September 15, 2017

Nagpur Soybean, Soyoil, Soymeal Open-September 15

Nagpur, Sept 15 (Reuters) – Rapeseed and Castor oil in non-edible section today strengthened in
Vidarbha region of Western Maharashtra on increased offtake by oilpaint and allied industries
amid a firming trend in producing regions. Buying activity in these oil picked up because of
good demand from overseas industries. Trading activity in other major edible oils reported weak
as no trader was in mood for any commitment because of weak overseas oil and fresh fall on
NCDEX, sources said Friday.

                       *****
VIDARBHA MARKETS
OILS

  * Soyabean, Cottonseed, Groundnut loose, Groundnut refined, Sunflower refined, Linseed 
    and Coconut KP oil ruled steady here in sluggish trading activity. 
  * Traders expect nearly steady trend in major edible oils.
    
   SOYMEAL

   * Soymeal prices today ruled steady here matching the demand supply position. 
         
   SOYABEAN
   * Soyabean prices reported strong in Nagpur Agriculture Produce Marketing 
     Committee (APMC) on increased demand from local crushing plants amid weak supply 
     from producing regions. Fresh hike in Madhya Pradesh soyabean prices and enquiries 
     from South-based plants also jacked up prices.
     About 200 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    28,250-29,000       27,400-28,800         --
    (Available price)
    Market delivery    28,350-29,100       27,500-28,900          --
    (Traders price)
    Plant delivery     30,500-31,300       30,500-31,300          --

    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                  100               27,700-28,600
    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 - 30,500, Washim – 30,900, Dhulia – 31,900, Hingoli – 31,900, 
    Jalna – 31,500, Koosnoor – 31,800, Malkapur – 31,900, Latur – 31,400, 
    Nanded – 31,500, Solapur – 31,800, Sangli – 32,300.
        
    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
                              
                                Friday’s open   Previous close   
   
    Soyoil refined crushing plant delivery         712            712
    Soyoil solvent crushing plant delivery         672            672    
    Cottonseed refined                             725            725
    Cottonseed solvent                             705            705
    Groundnut oil (loose)                          1,030          1,030
    Groundnut oil refined (15 Litre)               1,620          1,620
    Sunflower oil refined                          750            750
    Linseed oil                                    800            800
    Rapeseed oil (for 15 kg)                       1,190          1,180
    Castor oil (for 15 kg)                         1,620          1,600
    Coconut KP oil (for 15 kg)                     2,850          2,850

    AMRAVATI
    Soyoil refined                                 709            709
    Soyoil Solvent                                 669            669
    Cottonseed refined                             725            725
    Cottonseed solvent                             705            705

    AKOLA
    Soyoil refined                                 709            709
    Soyoil Solvent                                 669            669        
    Cottonseed refined oil                         725          725 
    Cottonseed solvent                             705            705

    DHULIA
    Soyoil refined                                 719            719
  
    AURANGABAD
    Soyoil refined 
                                                720            720
    JALNA
    Soyoil refined 
                                                   719            719
    NANDED
    Soyoil refined                                 721            721
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 720, 
    Baramati – 720, Latur - 718, Parbhani – 719, Koosnoor – 717, Solapur – 719, 
    Sangli – 721.
                                     
Nagpur soymeal prices in rupees per tonne

                  Friday’s open      Previous Close
    Soymeal (Nagpur)                  25,800-26,200       25,800-26,200
      
    Soymeal prices at other places in Maharashtra : Adilabad – 27,000 
    Akola – 26,500, Washim – 26,500, Dhulia – 27,200, Hingoli – 27,500, 
    Jalna – 27,000, Nandurbar – 27,800, Khamgaon – 26,500, Latur – 27,600, 
    Nanded – 27,700, Parbhani – 27,300, Solapur – 28,300, Supa – n.a., 
    Dharwad – 27,700, Sangli – 27,500

WEATHER (NAGPUR)  
Maximum temp. 31.0 degree Celsius, minimum temp. 23.2 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 31 and 23 degree Celsius respectively.

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

  

Our Standards:The Thomson Reuters Trust Principles.
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