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Tuesday, November 06, 2007
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Commodity News
Nov 5 2007 5:41PM
Indore Soybean, Soyoil, Soymeal Close-Nov 5
    * Soybean prices were steady at closed on limited buying support at higher 
      prices. According to trade sources about 55000 tonne soybean arrived in 
      various mandies of the state and sold rupees 15,600-15,900 per tonne. 
    * Soy oil prices down further at closed on increased selling. 
    * 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     15,750-16,100     15,750-16,100       15,600-16,000 
    (Auction prices) 
    Market delivery     15,850-16,150     15,850-16,150       15,700-16,050 
    (Traders' price) 
    Plant delivery      16,400-16,550     16,400-16,550       16,250-16,700 
    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              1800       15,750-16,100          15,850-16,150 
    Oil prices (excluding 4 % VAT) in rupees/tonne in Indore: 
                                        Close         Open          Previous 
    Soyoil solvent crushing 
    plant delivery                  44,000-44,100  44,200-44,300  44,800-44,900 
    Soyoil solvent market delivery  44,300-44,400  44,500-44,600  45,100-45,200 
    Soyoil refined crushing 
    plant delivery#                 47,800-47,900  48,100-48,200  48,300-48,400 
    Soyoil refined market delivery# 48,000-48,100  48,300-48,400  48,500-48,600 
    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)       730-790      730-790         730-800 
    Soyoil refined (vital brand)         800          800             810 
    Soymeal yellow opening prices in rupees/tonne: 
                                        Close         Open          Previous 
    FOR Mumbai delivery(PP Bags)    13,750-13,800  13,750-13,800  13,750-13,800 
    FOR Bedi Bunder delivery        13,600-13,650  13,600-13,650  13,600-13,650 
    FOR Kakinada delivery           13,700-13,750  13,700-13,750  13,700-13,750 
    Spot delivery(45-46% protein)   12,800-12,850  12,800-12,850  12,800-12,850 
    Spot (48% protein)              12,900-12,950  12,900-12,950  12,900-12,950 
    FAS Mumbai (U.S. $/tonne)          346-347        346-347        346-347 
    FAS Bedi Bunder/Kandla(U.S.$/tonne)349-350        349-350        349-350 
    FAS Kakinada (U.S. $/tonne)        351-352        351-352        351-352 
    FOR Bedi Bunder/Kandla(U.S.$/tonne)343-344        343-344        343-344 
    FOR Kakinada (U.S. $/tonne)        345-346        345-346        345-346 
    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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