Cotton, soybeans and soybeans in America

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Mumbai, Ta. 31 January 2020, Friday

There was a new demand in the Mumbai oil-seeds market today. All eyes were on the budget presented on Saturday. Meanwhile, the news of the world market was softening. In Malaysia, Palmet's futures closed at 5 points today. While Chicago soybean futures in the US fell overnight by 5 points, projections today were 5-7 points softened in the evening. In the spot market in Mumbai today, the price of 4 kg of paltal was Rs 6 per liter of hawala resale and Rs 6 with JNPT. There were no special trades.

Meanwhile, according to market sources, prices of nuts from Gujarat have been estimated at about 1 lakh to 3,000 tonnes during the period till January 1, when prices from Rajasthan are estimated to be around 5 lakh to 3 thousand tonnes. Meanwhile, according to the Soybean Processors Association of India, it is not necessary to reduce import duty on domestic imported food items. If this happens, farmers in the country are likely to be adversely affected.

The import bill for edible oils in the country is estimated at around Rs 1 thousand crore annually. In fact, reducing such imports requires efforts to increase domestic oilseeds production. It was said by Soya. Now when the budget is to be presented on Saturday (today), such a presentation has been made before the budget.

Meanwhile, the arrivals of groundnut this morning were reported at around 3 thousand times on the Gondal side and Rajkot side at around 3 thousand times and the presence of groundnut in the area was reported at Rs. According to world market news, China has made new purchases in the US markets due to the rise of the killer virus infestation in China, and this has led to news of price fluctuations in US agricultural markets.

Sunflower prices were at Rs 1 and refinery at Rs. Mustard price was Rs 5 while Copperle was calling at Rs. Singtel was priced at Rs 5 per kg while Rajkot was priced at Rs 5 to Rs 5 and Rs 5 to Rs 5 per kg. Cotton washed price from Rs

In the Mumbai market, the price of cottonseed oil was Rs. Diwali prices were hovering around Rs 5 today while Mumbai castor prices were at Rs 5 with Rs. The price of castor oil was Rs 5 per tonne.

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