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Commodity News
Mar 29 2008 1:23PM
Indore Soybean, Soyoil, Soymeal Open-March 29
      *Soybean prices were opened weak in Indore mandi today on poor buying 
       support at higher prices. 
      *Soy oil prices opened weak on increased selling against poor buying 
       support. 
      *soymeal prices were opened weak on poor buying inquiries. 
    Indore soybean prices (excluding 4 % VAT), in rupees/tone: 
                            Soybean yellow           Soybean yellow 
                             Saturday                 Previous 
    Market delivery          20,700-21,150          21,350-21,600 
    (Auction price) 
    Market delivery          20,800-21,200          21,400-21,650 
    (Traders' price) 
    Soybean yellow arrivals in tonnes, and market prices in rupees/tonne, in 
Indore, according to trade sources: 
                   Arrivals       Auction price          Traders' price 
    Indore          80            20,700-21,150          20,800-21,200 
   Saturday soybean plant delivery prices (excluding 4 % VAT) in rupees per 
tonne (10% moisture, 2% soil, 2% damage condition): 
    Adani Exports                         -- 
    Ambika Solvex                         21,700 
    Bajrang Extractions                   -- 
    Betul Oils                            -- 
    Bhaskar Oils                          -- 
    Datiya Agro                           -- 
    Dewas Soya                            21,600 
    Dhanlaxmi Solvex                      -- 
    Divya Jyoti Industries                21,700 
    General Foods                         21,500 
    Gujarat Ambuja                        21,700 
    Indraprastha                          21,000 
    Itarsi Oil&Flours                     -- 
    ITC                                   -- 
    Khandwa Oils                          21,600 
    Khaitan Agro Industries               21,400 
    Krishana Oil                          -- 
    Kriti Industries                      21,700 
    Lakhmi Solvex                         21,200 
    Param Industries                      21,500 
    Prestige Foods                        21,800 
    Prakash Solvex                        21,500 
    Premier Proteins                      21,600 
    Rama Phopsphates                      21,800 
    Ruchi Soya Industries                 21,500 
    Vippy Industries                      21,800 
    Oil prices in rupees/tonne in Indore: (excluding 4 % VAT) 
                                           Saturday's open       Previous close 
    Soyoil solvent crushing plant delivery   55,100-55,200       55,800-55,900 
    Soyoil solvent market delivery           55,400-55,500       56,100-56,200 
    Soyoil refined crushing plant delivery#  58,000-58,100       59,500-59,600 
    Soyoil refined market delivery#          58,200-58,300       59,700-59,800 
    Prices of soyoil refined, in rupees (including 4 % VAT) per 15-liter tin, 
for market delivery in Indore: 
                                             Saturday's open     Previous close 
    Soyoil refined (most brands)                  880-970         900-980 
    Soyoil refined (vital brand)                    980             990 
    Soymeal yellow opening prices in rupees/tonne: 
                                           Saturday's open       Previous close 
    FOR Mumbai delivery(PP Bags)             16,450-16,500        16,700-16,750 
    FOR Bedi Bunder delivery                 16,300-16,350        16,550-16,600 
    FOR Kakinada delivery                    16,400-16,450        16,650-16,700 
    Spot delivery(45-46% protein)            15,500-15,550        15,750-15,800 
    Spot ( 48% protein)                      15,600-15,650        15,850-15,900 
    FAS Mumbai (U.S. $/tonne)                   411-412             417-418 
    FAS Bedi Bunder/Kandla (U.S. $/tonne)       414-415             420-421 
    FAS Kakinada (U.S. $/tonne)                 416-417             422-423 
    FOR Bedi Bunder/Kandla (U.S. $/tonne)       408-409             414-415 
    FOR Kakinada (U.S. $/tonne)                 410-411             416-417 
    Rapeseed Meal opening prices per tonne: 
                                             Saturday's open     Previous close 
    FOR Jamnagar (In Rupees)                 --not traded--     --not traded-- 
    FOR Mumbai (PP Bags, In Rupees)          --not traded--     --not traded-- 
    FAS Bedibunder (In USD)                  --not traded--     --not traded-- 
    # Excise paid 
Note: (Transport costs are excluded in plant delivery prices but included 
in market prices.) 
FOR--Free-on-rail; FAS--Free-alongside-ship 
Keywords: INDORE SOYA/ 
  Source:   

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