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Monday, November 19, 2007
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Commodity News
Nov 17 2007 4:05PM
Indore Soybean, Soyoil, Soymeal Close-Nov 17
    * 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 
                           Close              Open              Previous 
    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: 
                                        Close         Open          Previous 
    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: 
                                        Close         Open          Previous 
    Soyoil refined (most brands)       760-820      760-820         760-820 
    Soyoil refined (vital brand)         830          830             830 
    Soymeal yellow opening prices in rupees/tonne: 
                                        Close         Open          Previous 
    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: 
                                         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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