Depression in edible oils: Impact of recessionary futures circuits
Mumbai, Ta. 27 January 2020, Monday
The decline in prices of various indigenous and imported edible oils in the Mumbai oil-seeds market went ahead. World market news was showing a slowdown. News of China's deadly virus outbreak has increased in the world market amid reports that it is spreading to other countries. The demand for China in America's agricultural markets was even more troubling news today. US - Chicago futures prices were up 5 to 5 points this evening in projection of soybean futures this evening.
Today, news of crude palm oil futures futures and soybean futures was on the verge of a slowdown in the domestic futures market. Soyaat futures prices were trading today at Rs 5 after falling higher by Rs 5 in the evening while crude palm oil CPO futures were at Rs 5 in the high today. ..3 were speaking.
In the spot market in Mumbai today, 5 kg of paltal hawala resale rupees were called Rs. While the prices of JNPT were Rs. About 5 to 5 tonnes were traded today at Rs.
Meanwhile, the price of crude palm eel CPO Kandla was Rs. In Soyatal today, the price was Rs. 1 for digam and Rs. 1 for refined. Sunflower prices were at Rs 5 and refined at Rs 5 while the Mustard price was at Rs 5 and Rs 5 for copper. Following the Lunar New Year, Malaysian markets closed today.
Meanwhile, the price of Singtel in Mumbai market was Rs 5 per kg. While the Rajkot side prices were between Rs 1 to 3 and Rs 5 to Rs 5 per kg. There, the price of cotton washed at Rs 5 to Rs 5 per kg from Rs 5 to Rs 5, and in the Mumbai market, the price of cottonseed oil was broken at Rs 5 to Rs 5 per kg.
The price of Mumbai Diwali was Rs 5 per kg today. While the price of castor in Mumbai was Rs. There were reports that the government would make lending available to the processing industry in slower terms to reduce the import of pallets in the country.
On the evening of February, the futures prices remained at minus 2 this evening, with the castor futures market falling. In the wake of the virus in China, there was talk of extending Lunar New Year's holidays. While imports of palmetto from Malaysia have declined in India, there were also reports that European countries have decided to reduce the import of such pallets.
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