Aug 17 2009 1:58PM
* Soybean prices were opened weak in Indore Mandi today on poor buying support
at higher prices.
* Soy oil prices opened weak on poor buying support against increased selling.
*Soy meal prices opened weak on poor buying inquiries.
Indore soybean prices (excluding 4 % VAT), in rupees/tone:
Soybean yellow Soybean yellow
Monday Previous
Market delivery 21,800-22,150 22,400-22,750
(Auction price)
Market delivery 21,900-22,200 22,500-22,800
(Traders' price)
Soybean yellow arrivals in tones, and market prices in rupees/tone, in
Indore, according to trade sources:
Arrivals Auction price Traders' price
Indore 180 21,800-22,150 21,900-22,200
Monday soybean plant delivery prices (excluding 4 % VAT) in rupees per tonne
(10% moisture, 2% soil, 2% damage condition):
Adani Exports 22,750
Ambika Solvex 22,900
Bajrang Extractions --
Betul Oils --
Bhaskar Oils --
Datiya Agro --
Dewas Soya --
Dhanlaxmi Solvex 23,000
Divya Jyoti Industries 22,700
General Foods 23,000
Gujarat Ambuja --
Indraprastha --
Itarsi Oil&Flours 23,000
ITC --
Khandwa Oils 22,900
Khaitan Agro Industries 22,900
Krishana Oil 22,750
Kriti Industries 23,000
Lakhmi Solvex 22,900
Param Industries --
Prestige Foods 23,000
Prakash Solvex 22,750
Premier Proteins 22,900
Rama Phopsphates 22,500
Ruchi Soya Industries 23,000
Vippy Industries 22,750
Oil prices in rupees/tone in Indore: (excluding 4 % VAT)
Monday's open Previous close
Soyoil solvent crushing plant delivery 42,000-42,100 42,300-42,400
Soyoil solvent market delivery 42,300-43,400 42,600-42,700
Soyoil refined crushing plant delivery# 45,000-45,100 45,200-45,300
Soyoil refined market delivery# 45,200-45,300 45,400-45,500
Prices of soyoil refined, in rupees (including 4 % VAT) per 15-liter tin,
for market delivery in Indore:
Monday's open Previous close
Soyoil refined (most brands) 700-800 700-800
Soyoil refined (vital brand) 810 810
Soymeal yellow opening prices in rupees/tone:
Monday's open Previous close
FOR Mumbai delivery(PP Bags) 21,300-21,350 21,600-21,650
FOR Bedi Bunder delivery 21,150-21,200 21,450-21,500
FOR Kakinada delivery 21,250-21,300 21,550-21,600
Spot delivery(45-46% protein) 20,350-20,400 20,650-20,700
Spot ( 48% protein) 20,450-20,500 20,750-20,800
FAS Mumbai (U.S. $/tonne) Not Traded Not Traded
FAS Bedi Bunder/Kandla (U.S. $/tonne) Not Traded Not Traded
FAS Kakinada (U.S. $/tonne) Not Traded Not Traded
FOR Bedi Bunder/Kandla (U.S. $/tonne) Not Traded Not Traded
FOR Kakinada (U.S. $/tonne) Not Traded Not Traded
Rapeseed Meal opening prices per tonne:
Monday'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
((Bangalore Commodity Desk, +91-080 6677 3545,e-mail commodities@reuters.com))
Keywords: INDORE SOYA/
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