New high prices have also been seen in the upward trend in the edible oil market

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Mumbai, Ta. 20 November 2019, Thursday

High prices of various edible oils in the Mumbai oil-seeds market today led to higher prices. World market news was encouraging. In Malaysia, Palmet's futures today surged to 5, 6, 6 and 6 points plus the price of palm products rose by two and a half dollars.

After the US soybean futures overnight jumped 3 to 5 points in the US, prices were up 5-6 points in the evening. Meanwhile, in the spot market in Mumbai, there was a price rise of Rs 5 per liter and Rs 6 for JNPT. Palmetal prices had seen a new high.

In the Mumbai market today, soybean prices were at Rs 5 to Rs 5 and Riff 1 to Rs. Sunflower prices were at Rs 1 and refinery at Rs. Mustard prices were Rs 1 and Singtel prices were Rs 1.

On the Rajkot side, prices stayed at Rs 5 to Rs 5 and Rs 5 to Rs 5 for Singtel and Cotton washed at Rs 2 to 3. Cottonseed oil prices in Mumbai market were down 3 to 5. Moving further south, the price remained at Rs 5 a kg at Rs 5 a gallon.

Meanwhile, the price of dewals has come down to Rs. While the price of Mumbai castor was Rs. In the Mumbai khola market today, the price of sugarcane was Rs 5 per tonne while the price of sunflower mine was Rs.

With the soymeal going down, prices remained at Rs 5 to Rs 5 per tonne. Meanwhile, castor oil prices were at Rs 5. The soybean arrivals today were recorded at around 1 lakh 7 thousand times nationwide.


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