Cotton washed down in Saurashtra: crude palm oil prices rise as tariff value rises

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Mumbai, Ta. 31 August 2019, Saturday

New demand in the Mumbai oil-seeds market was slow today. The prices were hitting. World market news was showing mixed weather. New York Cotton Futures overnight was reported at 5 points plus close delivery and 5, 6 and 5 points in distant delivery, while Chicago soybean futures overnight in the US were up 5 to 5 points while there was a fall of sixteen. There, soybean futures overnight called 5 to 5 points high.

Meanwhile, world-market players were watching as trade talks between China and the United States move forward.

In the spot market today, the price of the 5 kg was Rs. 4 per liter and the price of JNPT was Rs. There was new demand. The price of crude palm oil CPO Kandla was Rs. CPO prices went up as the government increased tariff value. In Palmetel, the market was now looking at when the duty was raised by the government. Meanwhile, the price of Singtel remained sluggish at Rs 5 in the Mumbai market while Rajkot was priced at Rs 5 to Rs 5 and Rs 5 to Rs 5 per kg.

There was news of cotton washed prices down by Rs 5 to Rs 5 today. In the Mumbai market today, Kapasia oil prices were sluggish at Rs.

Meanwhile, in the Mumbai market today, soybean prices were at Rs. 2 per liter and refined at Rs. Sunflower prices were trading at Rs 5 and refined at Rs 5 while Rida oil prices were at Rs 5 and refined at Rs 5. The price of the cockerel was Rs 1 and the Mustard Rs.

Dwelling prices were calm today in Mumbai spot market while prices of castor Mumbai were hitting a headline of Rs. In the Mumbai khol market today, singhole prices were hiked by more than Rs 5 per tonne while soybean prices went up by Rs 3 to Rs 5 for Rs 5.

In the global market this week, palmetto prices have peaked at the peak of twelve months. However, soybean futures have increased their position in the world market. Given this, informants were showing the possibility of soybean prices falling in the world market next week.


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