Agri Commodity Prices

13th March 09

(Prices are indicative in US Dollar pmt fob/fas port by breakbulk, India)

Soybean Meal - US$ 388-392 pmt fob Kandla/Bedi port

After touching the 400 level, soybean meal went down as demand shrinked on higher prices. Argentian sbm is getting offered at US$ 335-340 pmt fob.

Rapeseed Meal - US$ 172-174 pmt fob Kandla port

Peanut Meal - US$ 286-288 pmt fob Bedi port

Rice bran meal - US$ 110-112 pmt fob Kakinada port

RSM rates went down as there is good crop of rapeseed this season so with its crushing for oil the prices may fall down further. Peanut too showed some drop as it moved in conjunction with soymeal.

 

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