Sign in or create a free account to view this dataset's chart and data table.
Key Takeaway
- Factors affecting Soybean Ext. (FOR) (Bulk) Yellow (Ex-Kandla) 48/2.5 prices: Prices are primarily influenced by soybean production, seed availability, mandi arrivals, crushing volumes, soybean meal inventories and crusher margins. Since the product is a high-protein feed ingredient, poultry, livestock and aquaculture feed demand is a major driver, while soybean oil prices and overall crushing economics affect the value of the underlying soybean. For bulk material traded from Kandla, export demand, international soybean meal prices, CBOT soybean prices, competing origins, currency movements, freight and logistics costs, and export orders are particularly important. The FOR delivery basis also makes inland transportation, handling and delivery costs relevant to the quoted price.
- Product-specific factors such as protein content, moisture, fibre, residual oil and colour/quality specifications influence premiums or discounts. Seasonal soybean arrivals, inventories, government trade policies, export regulations and prices of competing protein meals such as rapeseed, sunflower and groundnut meal further affect short-term price movements.
About This Dataset
Soybean Ext. (FOR) (Bulk) Yellow (Ex-Kandla) 48/2.5 refers to yellow soybean extraction meal supplied in bulk from Kandla under an FOR commercial delivery basis.
Breakdown of the Trading Term
- Soybean Ext.: Soybean extraction meal/soybean meal obtained after oil extraction.
- FOR: Generally refers to Free on Rail or Free on Road, depending on the convention adopted by the reporting source or contract. The applicable transport mode should therefore be confirmed from the underlying specification.
- Bulk: Indicates supply as loose bulk material.
- Yellow: Refers to the specified commercial colour/appearance classification of the soybean meal.
- (Ex-Kandla): Indicates Kandla as the price or dispatch basis.
- 48: Specifies a minimum crude protein content of 48%.
- 2.5: Specifies a maximum silica/sand content of 2.5%.
Commercial Relevance:
This specification combines soybean meal quality, physical appearance, bulk shipment form and delivery basis, providing a consistent reference for large-volume commercial transactions.
Methodology
Sign in or create a free account to view this dataset's methodology and sources.
Available formats: Excel, CSV, PNG, PDF.
Transform Data Into Better Business Decisions
Join organizations that rely on statSCALAR for trusted market intelligence, industry statistics, commodity insights and enterprise research.