The new crop of castor broke the record for the next seven years: market price fluctuated
Mumbai, Ta. December 24, 2019, Tuesday
In the Mumbai oil-seeds market, Singtel and Cottonseed oil prices continued to hit headlines due to rising prices. Havala-resale prices in Palmetel were 5 kg, however, after the shock, prices were again rising at Rs 5 and JNPT Rs. Havala-resale today saw scattered trade between Rs 1 and 2 at one point and then the price was again high.
Meanwhile, the direct delivery of refineries was today at December delivery at Rs 5, while prices were speaking at Rs 5 in the evening after being traded at Rs 5 for January 3 to 5. Meanwhile, prices of crude palm oil CPO Kandla remained at Rs.
In the futures market, CPOs were up by Rs. 5 in January. While the futures prices for Soytal were Rs. 8, the price was Rs. In the world market today, the futures price of palmetta in Malaysia was last at 5 and 5 points plus when the prices of the palm products were calm.
Meanwhile, after a slight decline in Chicago's soybean futures overnight in the United States, the price was 5-7 points softened in projection this evening. In the spot market in Mumbai, the price of soyatel is Rs 5 per kg digam and Rs refa. There were two. Argentina's parliament has approved an increase in the soybean export tax, and it is now reported that such a tax would be up to 5 percent for export from there.
Soybean futures rose 5 points in the overnight trend at US-Chicago in the world market while soybean futures jumped 5 points. New York cotton futures were up 5 points on the night. Prices continue to rise in hopes of increasing demand for China in US agricultural markets, say informants.
Meanwhile, in the spot market in Mumbai today, the price of 5 kg was Rs. While the Rajkot side prices were between Rs 5 and Rs 5 and Rs 5 per kg. Cotton washed at Rs 5 to Rs 5 while in the Mumbai market, cottonseed oil remained at Rs 5. Sunflower prices were at Rs 1 and refinery at Rs.
Mustard prices were calling Rs. The price of copper was Rs 5 per kg. Meanwhile, the price of Diwali was Rs 5 per kg today, while the current price of Mumbai castor was Rs. Reporters were hoping that the castor crop would be big in Gujarat and Rajasthan.
The castor was expected to rise to over 5 lakh tonnes in the market. The count was showing that the record of seven years will be broken if such a big crop comes. Meanwhile, prices in the Mumbai bull market continued to hit narrow fluctuations heading into the day.
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