Agri Commodity Prices

Agricultural Commodity Prices - Feedmeals, Castor

12th Nov 09 (Indicative prices)

Feedmeals:
(pmt fob/fas port India in bulk)

Soybean Meal - US$ 422-425 fob Kandla / Bedi port ; Rapeseed Meal - US$ 248-250 fob Kandla port
Peanut Meal - US$ 377-380 fob Bedi port ; Rice Bran Meal - US$ 168-170 fob Kakinada

Sbm and rsm moved up by around 1% in last 7 days while prices of peanut and rc bn meal increased by approx. 2%.

US origin soymeal is indicatively available at usd 368-380 per ton fob (44-48%), while Argentina the biggest exporter in the world is selling at 370-373 fob while Brazil is offering at US% 379-382.

Castor:
Meal - US$ 78-80 pmt fob Kandla port ; Oil Fsg - US$ 1255-1260 per ton Ex-Kandla

Meal prices remain unchanged while castor oil increased by around 2% in dollar terms in last 7 days.

 

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