Tuesday, January 5, 2010

Agricultural Commodity Prices

2nd Jan 10 (Indicative prices)

Feedmeals: (pmt fob/fas port India in bulk)
Soybean Meal - US$ 430-435 fob Kandla / Bedi port ; Rapeseed Meal - US$ 272-275 fob Kandla port ; Peanut (Groundnut) Meal - US$ 375-378 fob Bedi port ; Rice Bran Meal - US$ 175-177 fob Kakinada

Soymeal and peanut meal prices have dropped in last few days while rsm moved up. There is a significant drop in the demand of sbm.

Castor:
Meal - US$ 78-80 pmt fob Kandla port ; Oil Fsg - US$ 1300-1315 per ton Ex-Kandla

Veg Oils International Prices: (pmt)
RBD Palmolein - USD 790 Fob Malaysia ; Crude Palm Oil - US$ 750 Fob Indonesia
Sunflower Oil - US$ 910 fob Argentina ; Sunflower Oil - US$ 985 EU
Soya Oil - US$ 866 Exworks Argentina

Rbd palmolein prices moved up by more than 3% in last 10 days while crude palm oil moved up by around 5% due to lower stocks. Sunflower and soya oil too moved up in tandem with palm oil during the period.

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