MUMBAI (Dow Jones)--India's edible oil prices were mixed during the week ended Friday amid fears of lower summer oilseed output following erratic rains. India's annual four-month-long monsoon that starts in June has so far been 19% below normal. Planting of the summer-sown oilseed crop, which also starts in June, has been lower at 10.7 million hectares till July 16, down from 11 million hectares a year ago, government data showed. Farmers are now hoping for good rains in August in order to boost production. "(Soybean) sowing will be almost complete by this month-end, and a good output is expected only after the revival of rains," a trader based in the central Indian city of Indore said. Industry officials are expecting soybean, the main oilseed sown in the summer season, to be cultivated in around 10 million hectares this year. Prices of edible oils received some support during the week from mostly firm Malaysian palm oil and U.S. soy complex. Indian prices track overseas trends as the country imports half of its annual vegetable oil requirement of 12 million tons. Refined, bleached and deodorized palm olein prices rose to INR36,200/ton from INR36,000/ton last week, while refined soyoil remained unchanged at INR43,800/ton. Crude palm oil fell a tad lower to INR31,200/ton compared with INR31,500/ton last week.
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
33000.00 | + 100 | 34000.00 | + 800 |
ПФО |
32500.00 | + 500 | 33000.00 | + 500 |
СКФО |
37000.00 | + 4000 | 38000.00 | + 4500 |
ЮФО |
36000.00 | + 3000 | 37000.00 | + 3500 |
СФО |
35000.00 | + 2000 | 37000.00 | + 3000 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
76000.00 | + 2000 | 85000.00 | + 10500 |
ЮФО |
76000.00 | + 3000 | 77500.00 | + 2500 |
ПФО |
76000.00 | + 2500 | 77500.00 | + 2500 |
СФО |
77000.00 | + 3000 | 78000.00 | + 2000 |
Обсуждение