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Government to set base prices for soybeans. The government will soon arrange base buying prices, locally known as HPP, for soybeans in a bid to maintain the price stability of one of the key commodities in Indonesia, which is a major consumer of tempeh, tofu, soy sauce and soybean milk. Deputy Trade Minister Bayu Krisnamurthi told reporters in Jakarta on Friday that the government would shortly publish
Trading tip:
two base buying prices, one for local soybean farmers and the other for small-scale local tempeh and tofu makers.We will set up the HPP for soybeans to protect both farmers and producers from the volatility of the soybean price. NCDEX Castor seed tumbles on higher output concerns. Castor Seed futures in NCDEX declined Friday on selling pressure on the back of higher production concerns along with weak export deman .
EXPERT OPINION
S1 4331 4211 3241 14574 S2 4278 4167 3198 14348 R1 R2 4458 4351 3389 15214
4412
4298 3342 14947
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PRODUCT NAME
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE CHANGE
CHANA PRODUCT CHILLI NAME Chana GUR Chilli JEERA Gur KAPAS Jeera PEPPER REFKapas SOYA Pepper SOY BEAN Ref Soya TURMERIC Oil Soy Bean WHEAT Turmeric Wheat New
7/19/2012 EXP DATE 7/19/2012 20-Dec-12 7/19/2012 20-Dec-12 7/19/2012 20-Dec-12 7/19/2012 20-Dec-12 7/19/2012 30-Apr-13 7/19/2012 20-Dec-12 7/19/2012 20-Dec-12 7/19/2012 20-Dec-12 7/19/2012 20-Dec-12 20-Dec-12
4556
-28 CHANGE -102 -15 -5.5 56 -252.5 18.5 -8 -85 45 14.5 -1.55 385 12 3.35 -124 27 36 -80 -2
-0.61 PERCENTAGE -1.99 CHANGE -0.34 -0.46 1.08 -1.68 1.73 -0.76 -0.57 0.11 1.49 -0.2 0.9 0.28 0.48 -2.66 0.83 2.89 -1.56 -0.13
OPEN 5060 4404 1188 5198 14955 1069.5 1044 14860 42300 972 780.5 38740 4309 695.3 4600 3266 1251 5132 1592
4376 1178 5230 14800 1089 1041 14735 42435 984.5 781.3 39130 4315 696.3 4540 3283 1282 5052 1590
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ANALYSIS
OPEN: 3273 HIGH: 3297 LOW: 3259 CLOSE: 3283
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ANALYSIS
OPEN: 4391 HIGH: 4408 LOW: 4372 CLOSE: 4376
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