A sharp decline in Palmetto's futures after the boom circuit
Mumbai, Ta. October 25, 2019, Friday
There was new demand in the Mumbai oil-seeds market today. The indigenous food shortages were stagnating. However, in the evening, after the prices of imported foodstuffs, the price of palmetta remained soft. In the world market today, there was a slight fluctuation in palmetto. In Malaysia today, Palmetel's futures were at one point higher at 5 to 5 points plus. There, the price of the palm product was $ 5, with the price rising.
At the spot in the market today, prices of palmetta were Rs 5 per kg for hawala resale and Rs 6 for JNPT. Although new trades were slow today. The direct delivery prices of various refineries were as high as Rs. The price of crude palm oil CPO Kandla was Rs. 5 today.
Meanwhile, CPO futures prices fell to Rs 5 in the evening and Rs 5 in the evening. The CPO futures market hit a boom circuit late on Thursday evening. This morning too, the prices came down sharply after opening higher. Meanwhile, soyatel futures prices were today trading at Rs 5 after falling higher by Rs 5 in the evening.
After the Chicago soybean futures overnight rallied 3 points in the US, prices fell 5 to 5 points on the evening of the projection today. In the spot market in Mumbai, the price of soybean was Rs. 6 per liter and Rs. Sunflower prices were at Rs 5 and refinery at Rs. Singtel prices were Rs.
While the Rajkot side price was between Rs 1 and Rs 5 per kg, it was Rs. Cotton washed prices from Rs 5 to Rs 5 and in Mumbai market today, cottonseed oil prices were Rs. Mustard prices were at Rs 1 and coconut prices at Rs.
Meanwhile, the price of Diwali remained soft at Rs 6 while the current price of Mumbai castor remained at Rs. Soybean futures and soybean futures overnight in the US Chicago market remained soft. In the castor futures market today, on the eve of November, it was Rs.
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