Agri Commodity Prices

Indian Oilseeds Commodity Prices & Futures

10 March 09

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

Oilseeds Prices :
Soybean - US$ 475-490 pmt fob Kandla / Mundra / Mumbai port

The soybean prices more or less remained on the same level of last week. The futures contracts for soya have jumped up by 1-1.5% during this month due to weaker rupee generating good export demand for its meal. The march contracts were indicatively at US$ 45.4 per 100kg while april futures at 45.1, may and june contracts at 44.9 per 100kg. Netherland is offering at approx. US$ 360-365 while Argentinian origin is at US$ 330-335 pmt fob.

Mustard Seed - US$ 465-480 pmt fob Kandla / Mundra port

The mustard prices showed the downward movement this week as the new crop has started arriving in the market. The prices last week went up mainly due to the international factors but were expected to go down as the crop this season is higher compared to last one. The futures contract too have shown the downward movement and dropped by around 1.5-2%. The may futures contracts were approx. trading at US$ 434 pmt while june at 441 and july 449.

Canada is offering canola at around US$ 340-345 while Germany's rapeseed is approx. at US$ 345-350 pmt fob.

Sunflower Seed: US$ 460-480 pmt (fob Mumbai port)

Safflower Seed: US$ 480-500 pmt (fob Mumbai port)

Niger Seed: US$ 950-1000 pmt (fob Mumbai port)

 

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