* Soybean prices were steady at closed on limited trading. According to trade
sources about 40000 tonnes of soybean arrived in the mandies of the
state and sold rupees 16,500-17,000 per tonne.
* Soy oil prices were up at closed on poor selling at lower prices.
* Soymeal 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 16,700-17,000 16,700-17,000 17,000-17,300
(Auction prices)
Market delivery 16,800-17,050 16,800-17,050 17,100-17,350
(Traders' price)
Plant delivery 17,300-17,600 17,300-17,600 17,400-17,850
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 1300 16,700-17,000 16,800-17,050
Oil prices (excluding 4 % VAT) in rupees/tonne in Indore:
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Soyoil solvent crushing
plant delivery 46,600-46,700 46,500-46,600 46,600-46,700
Soyoil solvent market delivery 46,900-47,000 46,800-46,900 46,900-47,000
Soyoil refined crushing
plant delivery# 49,900-50,000 49,800-49,900 49,900-50,000
Soyoil refined market delivery# 50,100-50,200 50,000-50,100 50,100-50,200
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) 760-820 760-820 760-820
Soyoil refined (vital brand) 830 830 830
Soymeal yellow opening prices in rupees/tonne:
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FOR Mumbai delivery(PP Bags) 14,150-14,200 14,150-14,200 14,300-14,350
FOR Bedi Bunder delivery 14,000-14,050 14,000-14,050 14,150-14,200
FOR Kakinada delivery 14,100-14,150 14,100-14,150 14,250-14,300
Spot delivery(45-46% protein) 13,200-13,250 13,200-13,250 13,350-13,400
Spot (48% protein) 13,300-13,350 13,300-13,350 13,450-13,500
FAS Mumbai (U.S. $/tonne) 357-358 357-358 361-362
FAS Bedi Bunder/Kandla(U.S.$/tonne)360-361 360-361 364-365
FAS Kakinada (U.S. $/tonne) 362-363 362-363 366-367
FOR Bedi Bunder/Kandla(U.S.$/tonne)354-355 354-355 358-359
FOR Kakinada (U.S. $/tonne) 356-357 356-357 360-361
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
Keywords: INDORE SOYA/