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Commodity News
Dec 28 2007 5:52PM
Indore Soybean, Soyoil, Soymeal Close-Dec 28
    * Soybean prices were steady at closed on limited trading. According to 
      trade sources about 20000 tonnes of soybean arrived in mandies in the 
      state and sold rupees 19,300- 19,700 per tonne. 
    * Soy oil prices were up further at closed on poor selling against better 
      buying support. 
    * 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     19,400-19,650     19,400-19,650       19,600-19,950 
    (Auction prices) 
    Market delivery     19,500-19,700     19,500-19,700       19,700-20,000 
    (Traders' price) 
    Plant delivery      20,000-20,250     20,000-20,250       20,000-20,300 
    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               750       19,400-19,650          19,500-19,700 
    Oil prices (excluding 4 % VAT) in rupees/tonne in Indore: 
                                        Close         Open          Previous 
    Soyoil solvent crushing 
    plant delivery                  49,400-49,500  49,100-49,200  48,900-49,000 
    Soyoil solvent market delivery  49,700-49,800  49,400-49,500  49,200-49,300 
    Soyoil refined crushing 
    plant delivery#                 52,900-53,000  52,600-52,700  52,300-52,400 
    Soyoil refined market delivery# 53,100-53,200  52,800-52,900  52,500-52,600 
    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)       790-860      790-860         790-860 
    Soyoil refined (vital brand)         870          870             870 
    Soymeal yellow opening prices in rupees/tonne: 
                                        Close         Open          Previous 
    FOR Mumbai delivery(PP Bags)    16,200-16,250  16,200-16,250  16,300-16,350 
    FOR Bedi Bunder delivery        16,050-16,100  16,050-16,100  16,150-16,200 
    FOR Kakinada delivery           16,150-16,200  16,150-16,200  16,250-16,300 
    Spot delivery(45-46% protein)   15,250-15,300  15,250-15,300  15,350-15,400 
    Spot (48% protein)              15,350-15,400  15,350-15,400  15,450-15,500 
    FAS Mumbai (U.S. $/tonne)          408-409        408-409        410-411 
    FAS Bedi Bunder/Kandla(U.S.$/tonne)411-412        411-412        413-414 
    FAS Kakinada (U.S. $/tonne)        413-414        413-414        415-416 
    FOR Bedi Bunder/Kandla(U.S.$/tonne)405-406        405-406        407-408 
    FOR Kakinada (U.S. $/tonne)        407-408        407-408        409-410 
    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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