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14th Nov 09 (Indicative
prices)
Oilseeds:
Soybean - The november month contract dropped by nearly
3% while other months futures went downwards by around 2% this week due
to global weakness of the commodity and lower soymeal demand. With lower
estimates of production this season, soybean prices may move up once again.
Soy Contracts (approx. in US$ / per 100kg) - Nov - 49, Dec - 49.7, Jan
- 50.7, Feb - 50.9, March - 51.2
Wholesale prices at futures centre - US$ 48.50
Spot prices at other major centres - US$ 49.8-50.50 per 100kg
Rapeseed-Mustard Seed Contracts - The rapeseed contracts
ended almost on the same level as last week.
Rapeseed-Mustard seed Contracts (approx. in US$ / per 100kg) - Nov 64.2,
Dec - 64.30, Jan - 64.10
Spot Market at futures centre - US$ 63.50
Wholesale prices at other major markets - usd 59.90-60.70 per 100kg
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