n India soybean prices recovered and opened firm taking cues from CBOT

The soybean meal prices range INR 31,700-34,500+ GST across India. Reseller are quoting soybean meal prices lower by INR 200-300 PMT. But in SH with improvement in soybean prices and heavy rains reported at Marathwada area, the meal prices further improved by few processors by INR 300-500 PMT.

The Sunflower meal pellet prices opened firm. The importers are quoting the prices in range INR 25,500- 26,000 +GST PMT ex Tuticorin port . Whereas resellers are quoting prices INR24,900-25,100 +GST PMT.

The rapeseed meal prices remained firm in the domestic markets.


Soybean Meal:

State Plant Price (in INR-PMT)*
Madhya Pradesh 31,700-33,000
Maharashtra 32,100-34,500
Rajasthan 32,500-33,300
Karnataka 33,000-34,000
*+GST 5% Moral condition
Soybean Meal Ex-Kandla Port
Port Meal Price PMT
Kandla-FOR(in INR/PMT) 33,900 -34,000+GST
Kandla-FAS (in USD/PMT) 472


Sunflower Meal:

Sunflower Meal Domestic Ex- Location
State Plant Price (in INR-PMT)* Min Protein
Karnataka 18,200-18,400 26%
Karnataka NQ 32%
*+GST 5% Moral condition
Sunflower Meal Ex- Tuticorin & Vizag Ports
Port Meal Price PMT Min Protein
Ukraine Origin -Pellets(in INR/PMT) Tuticorin 25,500-26,000 35%
Ukraine Origin -Pellets(in INR/PMT) Vizag NQ 35%
*+GST 5% Moral condition



Rapeseed Meal:

Rapeseed Meal Domestic Ex- Location
State Plant Price (in INR-PMT)*
Rajasthan 17,800-18,200
Madhya Pradesh 17,800-18,100
*+GST 5% Moral condition
Rapeseed Meal at Kandla Port Ex- Location
Port Meal Price PMT
Kandla-FOR(in INR/PMT) 18,400-18,500+GST5%
Kandla-FAS (in USD/PMT) 262