Saurashtra rebounds after Singtel and Cottonseed oil

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Mumbai, Ta. 23 December 2019, Monday

New demand in the Mumbai oil-seeds market was slow today. The prices were talking high. World market news showed narrow fluctuations. In Malaysia today, Palmetel was reported at five points plus the nearest delivery today while distant delivery was at 5, 6 and 5 points minus. There, the prices of the palm product were two and a half dollars soft. Chicago soybean futures in the US were up 5 points in projection this evening.

Meanwhile, in the Dubai market today, the price of palmetta was Rs 5 per kg of hawala resale and Rs 6 for the JNPT. Hawala-resell today traded around 5 tonnes while direct delivery prices of various refineries were high. However, imports were still lower in the market than cost, according to informants. The cost of imports of Palmetal is currently rising at Rs 1 to 3 while the market price is down.

Meanwhile, prices of crude palm oil CPO Kandla remained at Rs. While the futures prices for CPOs were Rs. 5 and soyatel's futures prices were at Rs. Meanwhile, in the Mumbai market today, there was a news of a 5 kg Bhava Singtel rising by Rs 5 while Rajkot side reported an increase of Rs 5 to Rs 5 and Rs 5 a kg. Cotton washed up by Rs 5 to Rs 5 today, while in Mumbai, cottonseed oil prices went up by Rs 5.

In the Mumbai market today, the price of 5 kg of soyetal digam was Rs 5 while the refinery was at Rs 5, while the sunflower prices were increased by Rs 2 and the refinery was at Rs 5 to Rs 5. Mustard prices were at Rs 5 while coconut prices were at Rs 5 per kg. Mumbai Dival spot prices and castor spot prices were narrowing today.

Meanwhile, according to world market news, palmetto production in Malaysia was reported to decline by about 3-5% in the first 7 days of the current month. Indonesia has decided to increase consumption of palmetto in biofuels. This will increase the local demand for Palmetal and reduce the import of crude imports, market analysts said.

Meanwhile, the price of soybean in the Mumbai khol market today was reported to rise by Rs 5 to Rs 5 per tonne. Singkhole was priced at Rs 5 a tonne while Cottonseed hull was at Rs 6 a tonne.

Although other lakes were quiet, soybean arrivals in Madhya Pradesh today came to about two lakh times and Bhava remained at Rs 1 to 3. While the price of the plant was Rs.

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