Soybean meal moves up crossing 400 level

( Indicative Commodity Prices in US$ PMT FOB port, India)

19th March 09

Feed Meal Prices : (pmt fob/fas port by breakbulk, India)

Soybean Meal - US$ 390-395 pmt fob Kandla/Bedi port

Rice bran meal - US$ 110-112 pmt fob Kakinada port
RSM prices moved up due to the increased demand for it alongwith peanut meal. All the agricultural commodity prices also moved up on export front due to appreciation of rupee against dollar during this week.

Castor Products:
Castor Meal - US$ 60-62 pmt fob/fas Kandla port (by bulk load)

Castor Oil - US$ 950-960 pmt Ex-Kandla