* Soybean prices were weak in Indore mandi today on poor buying support at higher
prices.According to trade sources about 40,000 tonnes of soybean arrived in the
mandies of the state and sold rupees 16,500-17,000 per tonne.
* Soyoil prices opened weak on poor buying support against better selling.
* soymeal prices opened weak on poor buying inquiries.
Indore soybean prices (excluding 4 % VAT), in rupees/tone:
Soybean yellow Soybean yellow
Saturday Previous
Market delivery 16,700-17,000 17,000-17,300
(Auction price)
Market delivery 16,800-17,050 17,100-17,350
(Traders' price)
Soybean yellow arrivals in tonnes, and market prices in rupees/tonne, in
Indore, according to trade sources:
Arrivals Auction price Traders' price
Indore 1300 16,700-17,000 16,800-17,050
Sarurday soybean plant delivery prices (excluding 4 % VAT) in rupees per
tonne (10% moisture, 2% soil, 2% damage condition):
Adani Exports 17,600
Ambika Solvex 17,500
Bajrang Extractions -
Betul Oils -
Bhaskar Oils -
Datiya Agro -
Dewas Soya 17,550
Dhanlaxmi Solvex -
Divya Jyoti Industries 17,600
General Foods 17,500-17,550
Gujarat Ambuja -
Itarsi Oil&Flours -
ITC -
Khandwa Oils 17,400
Khaitan Agro Industries 17,600
Krishana Oil 17,400
Kriti Industries 17,300
Lakhmi Solvex 17,550
Param Industries 17,500-17,550
Prestige Foods 17,600
Prakash Solvex -
Premier Proteins 17,600
Rama Phopsphates 17,600
Ruchi Soya Industries 17,500-17,550
Vippy Industries 17,500
Oil prices in rupees/tonne in Indore: (excluding 4 % VAT)
Saturday's open Previous close
Soyoil solvent crushing plant delivery 46,500-46,600 46,600-46,700
Soyoil solvent market delivery 46,800-46,900 46,900-47,000
Soyoil refined crushing plant delivery# 49,800-49,900 49,900-50,000
Soyoil refined market delivery# 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:
Saturday's open Previous close
Soyoil refined (most brands) 760-820 760-820
Soyoil refined (vital brand) 830 830
Soymeal yellow opening prices in rupees/tonne:
Saturday's open Previous close
FOR Mumbai delivery(PP Bags) 14,150-14,200 14,300-14,350
FOR Bedi Bunder delivery 14,000-14,050 14,150-14,200
FOR Kakinada delivery 14,100-14,150 14,250-14,300
Spot delivery(45-46% protein) 13,200-13,250 13,350-13,400
Spot ( 48% protein) 13,300-13,350 13,450-13,500
FAS Mumbai (U.S. $/tonne) 357-358 361-362
FAS Bedi Bunder/Kandla (U.S. $/tonne) 360-361 364-365
FAS Kakinada (U.S. $/tonne) 362-363 366-367
FOR Bedi Bunder/Kandla (U.S. $/tonne) 354-355 358-359
FOR Kakinada (U.S. $/tonne) 356-357 360-361
Rapeseed Meal opening prices per tonne:
Saturday's open Previous close
FOR Jamnagar (In Rupees) --not traded-- --not traded-
FOR Mumbai (PP Bags, In Rupees) --not traded-- --not traded-
FAS Bedibunder (In USD) --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/