Concerns raised by the continuous rise in duty-free imports of food items from Nepal-Bangladesh
Mumbai, Ta. August 27, 2019, Tuesday
New demand for the Mumbai oil-seeds market was slow today. In India, Nepal and Bangladesh have found a growing demand for import of edible oils without duty, with imports increasing from 1 to 3 thousand tonnes on average on a monthly basis. There is a demand for the government to take immediate action on this question. Domestic refineries have been hit hard by such imports.
At Havala-resale, Paltel, weighed between 5 and 5 tonnes. In the futures market, prices remained soft with headlines rising. The world market news was also showing a boom sale. In Malaysia, Palmet's futures were finally closed at 5, 6, 6 and 5 points while palm product prices were reported at $ 5 a barrel. Meanwhile, Chicago soybean futures in the US overnight remained 5 to 5 points softer, but today the projection was 5 to 5 points lower. Meanwhile, soybean futures overnight remained at 5 to 5 points plus soybean futures overnight rose 5 to 5 points. However, New York Cotton futures overnight were 5, 6, 6 and 5 points soft news.
World market players were watching how trade meetings now move forward between China and the United States.
Meanwhile, in the spot market in Mumbai today, the price of 5 kg of paltal hawala resale and JNPT was Rs 5 while the price of crude palm oil CPO Kandla remained at Rs. In the futures market, CPOs fell by Rs. 5 to Rs. 6 in the evening after September prices were Rs. 6 while in Soyatl futures prices fell by Rs. General Chat Chat Lounge
In the spot market in Mumbai today, the price of 1 kg was Rs. 1 per liter while Rajkot side price was Rs. 3 to Rs. 3 and Rs. 5 to Rs. 5 for cotton. The price of cotton was Rs. General Chat Chat Lounge
Soyatl prices were priced at Rs 1 to Rs 5 and Riffa at Rs 5 while Sunflower prices were at Rs 5 and Riffa at Rs 5, while Sunflower prices were at Rs 5 per Rita and Rs 8 per kg. There were 2 with a kilo of Rs.
Behind the south was a breeze plowing in the coppers. Meanwhile, the Mustard price was Rs. Meanwhile, deliberations have begun in Delhi to increase the import duty on palm oil from Malaysia by five per cent and nowadays, it was reported that there was a possibility of a decision on this. In the Mumbai market today, the price of dewel has been reduced by Rs 5 to Rs 5 per kg while the price of castor in Mumbai was Rs.
In the present market, the psyche was selling. In the Mumbai khol market today, the price of cottonseed khola was Rs. 5 while the price of soybean was Rs. 1 to Rs. The price of castor oil was Rs. 5 per tonne. The other laps were quiet.
Meanwhile, according to the SGS report, Malaysia Palmetel's total exports have grown by about 8 percent to 9 tonnes in the first six days of this month.
Last month, this was 7.8 tonnes. Exports from Malaysia to India this month were about 8 tonnes this month.
Madhya Pradesh-based soybean arrivals were reported at 4,000 times this afternoon and the present prices were at Rs 3 to Rs 3 and the plant was at Rs 3 to 3 while the price of soybean remained at Rs 1 to Rs 3 and refinery to Rs 5 to Rs.
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