Nagpur Soybean, Soyoil, Soymeal Open- DEC 31, 2018

-
Nagpur Soybean, Soyoil, Soymeal Open-December 31, 2018 Nagpur, Dec 31 (Reuters) – Soyabean and cottonseed oil prices reported strong in Vidarbha region of Western Maharashtra on fresh buying by Vanaspati millers for the festive season amid a firming global trend. Sentiment also improved after palm oil climbed in Malaysian oil market. Notable hike on NCDEX in soyabean oil, the healthy rise in Madhya Pradesh soyabean oil, reported demand from South-based traders and weak overseas supply also fuelled price, according to sources.

NCDEX Tips

***** VIDARBHA MARKETS OILS

* Groundnut loose, Groundnut refined, Sunflower refined, Linseed, Rapeseed, Castor and

Coconut KP oil ruled steady here in sluggish trading activity.

* Traders expect upward trend in Soyabean and Cottonseed oils here.

SOYMEAL

* Soymeal prices today ruled steady in open market here but demand was poor.

SOYABEAN

* Soyabean prices firmed up again in Nagpur Agriculture Produce Marketing

Committee (APMC) on good seasonal demand from local crushing plants amid tight supply

from producing regions. Fresh hike in Soyabean oil, healthy rise in Madhya Pradesh

soyabean prices and reported demand from South-based plants also jacked up prices.

About 700 new soyabean bags reported for auction in Nagpur APMC, according to

sources.

Nagpur soybean prices in rupees/tonne:

-----Soybean yellow-----

Soybean black

Available

Previous

(Auction price)

(Auction price)

Market delivery

30,000-33,000

30,000-32,700

--

(Available price)

Market delivery

30,100-33,100

30,100-32,800

--

(Traders price)

Plant delivery

34,300-34,700

34,000-34,500

--

Soybean yellow arrivals (in 90-kg bags) and prices (in rupees per tonne) in Vidarbha, according to officials of Agriculture Produce Marketing Committee and trade sources.

Deliveries

Available prices

Hinganghat

n.a.

n.a.

Akola

n.a.

n.a.

Amravati

n.a.

n.a.

Khamgaon

n.a.

n.a.

Wardha

n.a.

n.a.

Arvi

n.a.

n.a.

Umred

n.a.

n.a.

Chandrapur

n.a.

n.a

Soyabean plant prices at other places in Maharashtra : Adilabad – n.a.,

Akola – 34,500, Washim – 34,400, Khamgaon – 34,800, Dhulia – 35,100,

Hingoli – 35,000, Jalna – 35,200, Nandurbar – 35,100,

Latur – 34,700, Nanded – 34,600, Solapur – 35,200, Sangli – 35,000.

Sunflower arrivals (in 50-kg bag), Rapeseed (in 40 Kg bag), groundnut and Dhaniya arrivals (in 40 kg bag), linseed arrival (90 kg bag), Dhan arrival (75 kg bag), cotton (100 kg) and prices (in rupees per 100 kilogram) in Nagpur, according to APMC sources:

Deliveries

Available prices

Previous close

Sunflower

n.a.

n.a.

2,400-2,600

Groundnut

n.a.

n.a.

700-900

Linseed

n.a.

n.a.

4,300-4,600

Castor

n.a.

n.a.

2,850-3,000

Rapeseed

n.a.

n.a.

1,520-1,625

Til

n.a.

n.a.

7,500-8,000

Dhaniya

n.a.

n.a.

5,400-5,800

Bajra

n.a.

n.a.

n.a.

Gavarani Corn

n.a.

n.a.

1,400-1,550

Dhan

n.a.

n.a.

1,850-2,180

Cotton

n.a.

n.a.

4,300-4,600

NAGPUR

Today's open Previous close

Soyoil refined crushing plant delivery

736

732

Soyoil solvent crushing plant delivery

696

691

Cottonseed refined

688

685

Cottonseed solvent

668

665

Groundnut oil – loose (10 kg)

1,100

1,100

Groundnut oil refined (15 Litre)

1,670

1,670

Sunflower oil refined (10 kg)

890

890

Linseed oil (10 kg)

870

870

Rapeseed oil (for 15 kg)

1,330

1,330

Castor oil (for 15 kg)

1,780

1,780

Coconut KP oil (for 15 kg)

3,100

3,100

AMRAVATI

Soyoil refined

735

731

Soyoil Solvent

695

691

Cottonseed refined

693

686

Cottonseed solvent

658

655

AKOLA

Soyoil refined

736

732

Soyoil Solvent

696

691

Cottonseed refined oil

693

688

Cottonseed solvent

658

654

DHULIA

Soyoil refined

735

732

KHAMGAON

Soyoil refined

739

734

JALNA

Soyoil refined

735

729

NANDED

Soyoil refined

718

715

Soyoil refined prices at other places in Maharashtra: Latur - 719,

Khamgaon – 736, Washim – 737, Solapur – 719, Sangli – 729.

(Please add 5% Goods and Service Tax on Soyabean and Cotton oil prices.

Soyabean and Cottonseed oil - 10 litre)

Nagpur soymeal prices in rupees per tonne

Today's open

Previous Close

Soymeal (Nagpur)

27,300-27,800

27,300-27,800

Soymeal prices at other places in Maharashtra: Akola – 27,200,

Washim – 28,200, Dhulia – 28,800, Hingoli – 28,200, Jalna – 28,800,

Nandurbar – 29,300, Khamgaon – 27,000, Latur – 28,800, Nanded – 28,200,

Solapur – 29,200, Dharwad – 29,500, Sangli – 28,500 WEATHER (NAGPUR) Maximum temp. 26.0 degree Celsius, minimum temp. 5.0 degree Celsius Rainfall: Nil FORECAST: Mainly clear sky. Maximum and minimum temperature likely to be around 26 degree Celsius and 5 degree Celsius. Note: n.a.--not available (For oils, transport costs are excluded from plant delivery prices, but included in market prices.

Disclaimer:- The views and investment tips expressed by investment experts are their own. Ripples Advisory advises users to check with certified experts before taking any investment decisions.

Best Share Market News, Click Here To Get More News - NCDEX Tips, for 2 Days Free Trial give a missed call @9644405056 and Get Share Market Services.

Comments

Post a Comment

Popular posts from this blog

Daily equity Market By Ripplesadvisory Report 16-Aug-2016

-
MARKET WRAP UP The Sensex and Nifty jumped over one per cent on Friday and were headed for their second session of gains, led by energy stocks, including Reliance Industries Ltd, as oil prices extended their rally. Domestic sentiment was also buoyed on continued buying by investors ahead of IIP and inflation data scheduled to be released later in the day. US stocks closed at record highs on Thursday as surging oil prices and strong earnings buoyed investor sentiment, giving a boost to Asian markets. Dealers said widening of positions by participants ahead of key economic data —— industrial production (IIP) for June and consumer price index (CPI) for July —— to be released after market closing today also added to the upbeat investor sentiment. At 3.05 pm, the Sensex was up 315.38 points or 1.13 per cent at 28,174.98 while the NSE Nifty was up 85.7 points or 1.00 per cent at 8,677.85. Sentiment also got a boost as foreign investors continued to buy Indian shares for a...
Read more

Axis Bank agrees to buy to payments wallet provider FreeCharge for $60 million

-
Image
Axis Bank Ltd, India's seventh-biggest lender by assets, said on Thursday it had agreed to buy mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for 3.85 billion rupees ($60.04 million). Most valuable Financial Advisory with the name of accurate tips provider here invites you to trade in a financial market with risk-free work click here for more >>  http://www.ripplesadvisory.com/free-trial.php "Digital payments in India are surging. Government policies are driving a less-cash economy," Axis Bank finance chief Jairam Sridharan told a news conference after announcing the deal.
Read more

Axis Bank Declines after Reporting Tepid Q4 Results

-
Image
For more Live premium stock future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56. Axis Bank declined 1.72% to Rs 508.40 at 9:40 IST on BSE after net profit dropped 43.13% to Rs 1225.10 crore on 4.33% rise in total income to Rs 14181.31 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 26 April 2017. Meanwhile, the S&P BSE Sensex was down 29.63 points or 0.1% at 30,103.72. On the BSE, 5.08 lakh shares were traded on the counter so far as against the average daily volumes of 9.17 lakh shares in the past one quarter. The stock had hit a high of Rs 525 and a low of Rs 503.60 so far during the day. The stock had hit a 52-week high of Rs 638 on 7 September 2016 and a 52-week low of Rs 424.60 on 10 January 2017. The stock had outperformed the market over the past one month till 26 April 2017, rising 5.74% compared with the Sensex's 2.42% rise. The sc...
Read more