Crude oil prices plummeted in edible oils in world markets: domestic

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Castor heels in September and October futures

Mumbai, Ta. 18 September 2019, Wednesday

With the increase in demand in the petroleum market in Mumbai oil-seeds market today, about 2 to 5 tonnes were traded for various deliveries in October. However, the news of the world market was showing a slight. Global oil prices remain soft after global crude oil prices plummeted from high headlines.

In Malaysia, Palmet's futures today closed at 5, 5, 6 and 5 points, while the prices of palm products were two and a half dollars soft. Total exports of palmetta from Malaysia fell by 8 per cent to 9 tonnes in the first seven days of this month, the SGS said. However, palmetto production was reported to decline by about two percent during this period.

Meanwhile, Chicago's soybean futures in the US overnight tonight showed a slight improvement in projection this evening, after falling 5 to 5 points. There, soybean futures overnight was 5 to 5 points soft, while soybean futures overnight fell 5 to 5 points. Meanwhile, New York Cotton futures overnight were 1, 2 and 3 points lost. The world market was watching the resumption of trade meetings between the US and China.

Meanwhile, in the spot market in Mumbai today, there was a price of Rs 5 per liter of hawala resale and Rs 6 with JNPT. At Palmetel today, there were reports of a total trade of around 3 to 5 tonnes for different deliveries of the refinery in October from Rs.

The prices of crude palm oil CPO Kandla remained at Rs 5 while in the futures market today, prices fell between Rs. While soyatel futures prices fell between Rs 5 and 5, the evening price was Rs.

In the spot market in Mumbai, the price of the 5 kg was Rs. 5 for the single, while the price of Rajkot was Rs. There were reports of cotton-washed prices rising by Rs 5 amid a further deteriorating backlog today.

In the Mumbai market today, cottonseed oil prices were at Rs 5 while Soyatl prices were down by Rs1 and Rifa by Rs. Sunflower prices were trading at Rs 1 and Riffa at Rs 5 while Mustard's Bhava and Copper's were priced at Rs 5 per kg. Today, prices of Mumbai Diwali and castor have remained calm with narrow fluctuations.

The arrivals of groundnut peanuts were reported this morning at Gondal side and Rajkot side at around 3 times, and the spot prices of peanuts were there at Rs 5 to Rs 6 per kg. In Dhar district in Madhya Pradesh, soybean arrivals were reported at around 3,000 times and prices were from Rs 3 to Rs 3 and Rs 3 to Rs 3 per plant, while soya oil was Rs 2 to 3 and refinery at Rs 1 to 3. The soybean all-India arrivals today rose to around 5 lakh five thousand times.

In the castor futures market today, prices were down by Rs 5 in September, while October rose by Rs. In the US-Chicago market this evening, there were reports of projection prices in soybeans and soybean futures plus while New York coat prices were in the teens. In the khola market today, the prices of soybean came down to Rs 1 thousand a tonne while cotton prices were calling a thousand high.


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