An 11-year-old record breaks in Malaysia

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Mumbai, Ta. 28 January 2020, Tuesday

In the Mumbai oil-seeds market today, prices of various imported edible oils under the leadership of Palmetal had gone down. While the prices of various indigenous food items continued to fluctuate. Food prices in the world market were more alarming news. In Malaysia today, news of Palmetel's futures plummeting by 3, 5, and 3 points, with 3 percent of the recession circuits being implemented, leaving players in the world market stunned. Today, the price of the palm product was $ 5.

India's demand has dropped there, but with the rise of the killer virus in China, there has been a new demand for China. Apart from this, the impact of falling crude oil prices on the world market and the reduction of the IndonesianAnnikas tax also showed a sharp slowdown on Malaysia's palmetto market today.

Indonesia is reported to have decided to lower the tax on crude palm oil exports to $ 1 a tonne from February. Meanwhile, in the Mumbai market today, the price of 5 kg of Havla resale in Pawtail was Rs 5 and Rs 5 of JNPT. About 5 to 5 tonnes were traded in the range of Rs. Meanwhile, the futures market today saw a huge upside.

Meanwhile, America's markets were also troubling today behind Malaysia. The impact of China's deadly virus infestation was also seen in the world's agricultural markets. Malaysian currencies remained soft against the dollar today. There was news of a one-day decline in such a one-day decline in prices in today's market. Cotton, soybean and soybean futures prices were also broken in the US overnight news.

In the spot market today, soybean prices remained at Rs 5 per kg and Rs 5 for Rifa. In the futures market today, soya futures were trading lower at Rs 5 after opening at Rs 5 and higher at Rs 5 in the evening. In the Mumbai market today, Singtel prices were trading at Rs 5 per kg while Rajkot side was priced at Rs 5 and Rs 5 for Rs 5 per kg. Cotton washed today from Rs 5 to Rs 5 while in the market of cotton, the price of cottonseed was Rs. Sunflower prices were at Rs 1 and Riffa at Rs 3, while Mustard prices were at Rs 5 and Rs 5 for Copper.

Meanwhile, prices were falling amid the global impact of the Chinese virus on Diwali and the possibility of export trade in castor. In the Mumbai market today, the price of dewel has dropped by Rs 5 per kg while the current price of Mumbai castor was Rs. India's recent import duty on edible oil will reduce, but according to the directions flowing from Delhi, such consideration has not been immediate.

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