China's soaring soybeans and agricultural commodities also boom in US agricultural markets

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Mumbai, Ta. September 24, 2019, Tuesday

Prices of various imported edible oils remained soft in the Mumbai oil-seeds market today. World market news was showing a decline. In Malaysia, Palmet's futures today closed down at 5, 5, 6 and 5 points. While there, the prices of the palm product were quiet.

Chicago soybean futures in the US were overnight 5 to 5 points softened, but today the projection was news that prices were up 5 to 5 points this evening. In the spot market in Mumbai today, the price of a 5 kg paltail was Rs 6 per liter and Rs 6 for JNPT.

New businesses were also a fan. The prices of crude palm oil CPO Kandla were down by Rs 5 while in the futures market today, CPO September futures were reported at Rs. Soyaat futures prices were in the range of Rs.

In the castor futures market this evening, the price remained at minus 2. Meanwhile, China's imports of soybean from the United States were on the rise. Following this, soybean futures prices in the US Chicago market were up 5-6 points in projections this evening.

While soybean futures prices were up 5 points to 5 points this evening, New York cotton futures prices were 5-7 points softened this evening. Many of the importers from China were reported to have allowed soybeans to be imported from the US at low duty.

This was followed by news that China's soybean purchases from the United States increased. Soybean futures were up 4-5 points in the US Chicago Market overnight news. And there was also a promise of soymeal overnight rising 5 to 5 points.

In the market present in Mumbai, the price of soybean was Rs 5 per kg of digam and Rs 1 for the ref. While Singtel prices were between Rs 1 and Rs 5 per kg, it was Rs. While the cost of cotton washed was Rs. Cottonseed oil prices in Mumbai market today fell by Rs 5 and sunflower prices fell by Rs 5 and refined by Rs.

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