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Commodity News
May 12 2008 6:24PM
Indore Soybean, Soyoil, Soymeal Close-May 12
    * Soybean prices were steady at closed on limited trading. 
    * Soy oil prices were weak at closed on increased selling against poor 
      buying support at higher prices. 
   * 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     22,500-22,750     22,500-22,750       21,800-22,100 
    (Auction prices) 
    Market delivery     22,600-22,800     22,600-22,800       21,900-22,150 
    (Traders' price) 
    Plant delivery      23,000-23,300     23,000-23,300       22,600-23,000 
    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             160         22,500-22,750          22,600-22,800 
    Oil prices (excluding 4 % VAT) in rupees/tonne in Indore: 
                                        Close         Open          Previous 
    Soyoil solvent crushing 
    plant delivery                  56,000-56,100  56,100-56,200  55,700-55,800 
    Soyoil solvent market delivery  56,300-56,400  56,400-56,500  56,000-56,100 
    Soyoil refined crushing 
    plant delivery#                 59,200-59,300  59,400-59,500  59,000-59,100 
    Soyoil refined market delivery# 59,400-59,500  59,600-59,700  59,200-59,300 
    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)        880-950      880-950        880-950 
    Soyoil refined (vital brand)         960           960            960 
    Soymeal yellow opening prices in rupees/tonne: 
                                        Close         Open          Previous 
    FOR Mumbai delivery(PP Bags)    17,600-17,650  17,600-17,650  17,500-17,550 
    FOR Bedi Bunder delivery        17,450-17,500  17,450-17,500  17,350-17,400 
    FOR Kakinada delivery           17,550-17,600  17,550-17,600  17,450-17,500 
    Spot delivery(45-46% protein)   16,650-16,700  16,650-16,700  16,550-16,600 
    Spot (48% protein)              16,750-16,800  16,750-16,800  16,650-16,700 
    FAS Mumbai (U.S. $/tonne)           427-428        427-428        425-426 
    FAS Bedi Bunder/Kandla(U.S.$/tonne) 430-431        430-431        428-429 
    FAS Kakinada (U.S. $/tonne)         432-433        432-433        430-431 
    FOR Bedi Bunder/Kandla(U.S.$/tonne) 424-425        424-425        422-423 
    FOR Kakinada (U.S. $/tonne)         426-427        426-427        424-425 
    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 
Keywords: INDORE SOYA/ 
  Source:   

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