Agri Commodity Prices

Oilseeds Commodity Export Prices

6th April 09

(Indicative Prices in US Dollar pmt fob port, India)

Soybean - US$ 525-550 pmt fob Kandla / Mundra / Mumbai port

The soybean prices in Indian market moved up in due to expectation of global demand generation and positive movement on Cbot. The april futures were approx. trading at US$ 50.8, may at US$ 50.85, june US$ 50.90, July US$ 50.90 and Aug contracts at US$ 50.85 per 100kg. Argentine origin is trading in international market at around US$ 350-360 pmt fob while Netherland produce is getting offered at US$ 375-380 pmt fob.

Mustard Seed - US$ 500-525 pmt fob Kandla / Mundra port

Rapeseed-mustard seed moved up in conjunction with soybean and international factors. This season the crop has shown an increase of more than 45% compared to last year. The may contracts were trading at around US$ 48.1 per 100kg while june and july futures at 48.9 and 49.4 respectively. Germany is offering rapeseed at around US$ 360-365 while Canada is quoting for Canola at US$ 365-370 pmt fob.

Sunflower Seed: US$ 485-510 pmt (fob Mumbai port)

Safflower Seed: US$ 500-525 pmt (fob Mumbai port)

Niger Seed: US$ 875-900 pmt (fob Mumbai port)

Sunflower and safflower seed moved up while niger seed showed the decline.

 

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