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Nagpur Soybean, Soyoil, Soymeal Open- September 26, 2017
September 26, 2017 / 8:18 AM / in 3 months

Nagpur Soybean, Soyoil, Soymeal Open- September 26, 2017

Nagpur Soybean, Soyoil, Soymeal Open-September 26

Nagpur, Sept 26 (Reuters) – The rising trend in Soyabean oil remained unabated for the second
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 palm oil prices rose in Malaysia. Notable rise on NCDEX and
increased demand from South-based traders also pushed up prices, sources said Tuesday.



                       *****
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 further rise 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 since last four trading sessions and downward 
     trend in Madhya Pradesh soyabean prices also affected sentiment.
     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    26,000-28,500       26,500-28,800         --
    (Available price)
    Market delivery    26,100-28,600       26,600-28,900          --
    (Traders price)
    Plant delivery     29,500-31,250       29,500-31,250          --

    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               26,000-28,500
    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 – 31,250, Hingoli – 32,000, 
    Jalna – 31,500, Koosnoor – 31,800, Malkapur – 31,900, Latur – 31,500, 
    Nanded – 31,500, Solapur – 32,000, Sangli – 31,600.
        
    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         732            730
    Soyoil solvent crushing plant delivery         692            690    
    Cottonseed refined                             735            735
    Cottonseed solvent                             715            715
    Groundnut oil (loose)                          1,020          1,020
    Groundnut oil refined (15 Litre)               1,600          1,600
    Sunflower oil refined                          750            750
    Linseed oil                                    800            800
    Rapeseed oil (for 15 kg)                       1,200          1,200
    Castor oil (for 15 kg)                         1,620          1,620
    Coconut KP oil (for 15 kg)                     2,950          2,950

    AMRAVATI
    Soyoil refined                                 729            727
    Soyoil Solvent                                 689            688
    Cottonseed refined                             735            735
    Cottonseed solvent                             715            715

    AKOLA
    Soyoil refined                                 728            726
    Soyoil Solvent                                 682            680        
    Cottonseed refined oil                         735          735 
    Cottonseed solvent                             715            715

    DHULIA
    Soyoil refined                                 737            734
  
    AURANGABAD
    Soyoil refined 
                                                738            7335
    JALNA
    Soyoil refined 
                                                   737            736
    NANDED
    Soyoil refined                                 737            736
   
    Soyoil refined prices at other places in Maharashtra : Adilabad – 738, 
    Baramati – 739, Latur - 735, Parbhani – 738, Koosnoor – 738, Solapur – 736, 
    Sangli – 739.
                                     
Nagpur soymeal prices in rupees per tonne

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

WEATHER (NAGPUR)  
Maximum temp. 35.0 degree Celsius, minimum temp. 23.3 degree Celsius 
Rainfall : Nil
FORECAST: Partly cloudy sky with possibility of rains or thunder-showers. Maximum and minimum
temperature would be around and 35 and 24 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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