Impact of crude palm oil and castor futures: Imports of palm oil up to six-year high

Mumbai, Ta. September 23, 2019, Monday

There was new demand in the Mumbai oil-seeds market today. Businesses were slow. World market news was showing mixed weather. In Malaysia today, Palmet's futures were last closed at 5, 6, 6 and 5 points. While there, the prices of the palm product were quiet.

Meanwhile, news of the soybean futures projection in the Chicago market in the United States was in the range from 5 to 5 points this evening. In the spot market today, the price of palmetta was Rs 5 per kg of hawala resale and Rs 6 for the JNPT. Prices remained soft at Rs 5 to Rs 5 today. The price of crude palm oil CPO Kandla was Rs. In the futures market today, CPO prices fell between Rs.

While soyatel futures prices were trading at Rs 5 and Rs 2.5 in the evening. In the market present in Mumbai, 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. While there, the cost of cotton washed was Rs. In the Mumbai market, the price of cottonseed oil was Rs.

In the Mumbai market, prices of cottonseed palmate were Rs. In the Mumbai market today, soyatal digam was priced at Rs 5 and Riffa at Rs 5. Sunflower prices remained sluggish at Rs 1 and Riff at Rs 5. Mustard prices were calling Rs.

In the Mumbai market today, the price of dewel was Rs 5 for commercial, Rs 5 for FSG and Rs 5 for FSG Kandla. While the price of Mumbai castor was Rs. In the Mumbai khol market today, the prices of tonnes were Rs. 1 for singhole, Rs. 5 for cottonseed, Rs. 1 for sunflower and Rs. 5 for soybean and Rs. 2 for castor oil.

Meanwhile, according to the news from China, there has been a significant increase in the import of palmetto, and such imports have reached the last three years. China's trade delegation has canceled visits to US farms, but there were reports that trade talks between China and the United States would continue.

Madhya Pradesh side saw soybean arrivals this afternoon at around 3,000 times and the prices were there from Rs 3 to Rs 3 and the plant was at Rs 5 to Rs 3, while there was soybean prices from Rs 1 to 3 and refinery prices at Rs 1 to 3. In Malaysia, palmetto production was reported to decline by about 2 percent in 7 days. Groundnut arrivals this morning were reported at around 3 times the Gondal side and Rajkot side at around 5 times and prices were at Rs 5 to Rs 5 per kg and Rs 5 to Rs 5 in height.

The CPO futures prices were in the range of 5.5 to 5.5 minus. While castor futures were trading at Rs 5 to Rs 5 in the evening. In addition to the Bhava soyatel this evening at the Chicago Projection, soybeans and soymeal prices were in the plus. New York Cotton futures were showing a slow improvement over the evening.