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Commodity News
Sep 5 2008 6:47PM
Indore Soybean, Soyoil, Soymeal Close-September 5
    * 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 
                           Close              Open              Previous 
    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: 
                                        Close         Open          Previous 
    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: 
                                        Close         Open          Previous 
    Soyoil refined (most brands)       860-940      860-940         860-940 
    Soyoil refined (vital brand)        950           950           950 
    Soymeal yellow opening prices in rupees/tonne: 
                                        Close         Open          Previous 
    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: 
                                         Close          Open         Previous 
    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/ 
  Source:   

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