Retreat in castor-wall: boiling point behind south in Koparle: soybean revenue stalled in MP
Mumbai, Ta. August 16, 2019, Friday
The refineries were trading wings following the direct delivery of refineries against the prices of hawala-resale in Palmetel, where the new demand for the Mumbai oil-seeds market was slow. Havala-Resell also had a sporadic trade in ready-to-read deliveries. Meanwhile, world market news was mixed. In Malaysia today, Palmet's futures were up two points plus in the nearest delivery, while the distant prices remained at 5 and 5 points minus. There, the palm product pans were two and a half to five dollars soft. Instructions have been flowing that the government will now look into such imports due to the significant increase in the import of palmetta in India recently.
Various groups have accused the government of demanding that ban on the import of palms from such growers in the US amid directives that certain poultry makers from Malaysia do not treat workers in their plantations.
Meanwhile, Chicago soybean futures overnight in the US remained soft at 5 to 5 points, and today the projection prices remained at 5 to 5 points in the evening. In the overnight news, soybean futures fell 5 to 5 points while soybean futures remained 5 to 5 points soft. New York Cotton futures, however, were showing a five-point slowdown.
In Mumbai, the market was trading at Rs 5 a kilogram for Paltel and Rs 6 for the JNPT. The price of crude palm oil CPO Kandla was Rs. CPO futures prices were below Rs. The lowest price was Rs. 5 in the evening and remained at Rs.
Soyaat futures were trading at a high of 5.7, then averaging a low of 7.2. In the Mumbai market today, the price of 5 kg was Rs. On the Rajkot side, prices remained at Rs 5 to Rs 5 and Rs 5 to Rs 5 per kg.
The cost of cotton washed was Rs. Cottonseed oil prices in Mumbai market today were Rs. The prices of soyetail were Rs. 6 for digam and Rs. Sunflower prices were at Rs 1 and Riff 5. When the price of the Mustard was 5.
The price of the cockerel was Rs 5 per kg. The news from the South was encouraging. In the market today, the present price of Diwali was increased by Rs. While the price of castor in Mumbai was Rs. In the Mumbai khola market today, prices were up by Rs 5 per tonne to Singkhole while sunflower khul was worth Rs 5 per tonne.
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