* Soybean prices were steady at closed on limited trading.
* Soy oil prices were down further at closed on poor buying support against
increased selling.
* Soy meal prices steady at closed on limited buying inquiries.
Indore soybean prices (excluding 4 % VAT), in rupees/tonne:
Soybean yellow Soybean yellow Soybean yellow
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Market delivery 25,500-25,800 25,500-25,800 25,500-25,800
(Auction prices)
Market delivery 25,600-25,850 25,600-25,850 25,600-25,850
(Traders' price)
Plant delivery 26,000-26,400 26,000-26,400 26,000-26,400
Soybean yellow arrivals in tonnes, and market prices in rupees/tonne,
in and around Indore, according to trade sources:
Arrivals Auction price Traders' price
Indore 50 25,500-25,800 25,600-25,850
Oil prices (excluding 4 % VAT) in rupees/tonne in Indore:
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Soyoil solvent crushing
plant delivery 53,800-53,900 54,000-54,100 54,100-54,200
Soyoil solvent market delivery 54,100-54,200 54,300-54,400 54,400-54,500
Soyoil refined crushing
plant delivery# 57,700-57,800 57,900-58,000 58,000-58,100
Soyoil refined market delivery# 57,900-58,000 58,100-58,200 58,200-58,300
Prices of soyoil refined, in rupees (including 4 % VAT) per 15-liter tin,
for market delivery in Indore:
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Soyoil refined (most brands) 860-940 860-940 860-940
Soyoil refined (vital brand) 950 950 950
Soymeal yellow opening prices in rupees/tonne:
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FOR Mumbai delivery(PP Bags) 21,550-21,600 21,550-21,600 21,700-21,750
FOR Bedi Bunder delivery 21,400-21,450 21,400-21,450 21,550-21,600
FOR Kakinada delivery 21,500-21,550 21,500-21,550 21,650-21,700
Spot delivery(45-46% protein) 20,600-20,650 20,600-20,650 20,750-20,800
Spot (48% protein) 20,700-20,750 20,700-20,750 20,850-20,900
FAS Mumbai (U.S. $/tonne) 487-488 487-488 491-492
FAS Bedi Bunder/Kandla(U.S.$/tonne) 490-491 490-491 494-495
FAS Kakinada (U.S. $/tonne) 492-493 492-493 496-497
FOR Bedi Bunder/Kandla(U.S.$/tonne) 484-485 484-485 488-489
FOR Kakinada (U.S. $/tonne) 486-487 486-487 490-491
Rapeseed Meal opening prices per tonne:
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FOR Jamnagar (In Rupees) -not traded- -not traded- -not traded-
FOR Mumbai
(New PP Bags, In Rupees) -not traded- -not traded- -not traded-
FAS Bedibunder (In USD) -not traded- -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
((---Bangalore Commodity Desk, +91-080 4135 6833, e-mail
[email protected]))
Keywords: INDORE SOYA/