Between the hope of a bumper crop in castor, the wall and the castle in the castle

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Mumbai, Ta. 24 February 2020, Monday

The weather was mixed today in the Mumbai oil-seeds market. Singtel prices surged behind Saurashtra while imported paltail prices fell behind the world market. Diwali and the castor were present. In the spot market in Mumbai today, the price of 5 kg of Havla resale at Pawtail was Rs 5 and Rs 5 for JNPT. The trade was 5 to 5 tonnes. Selling behind the world market had increased.

Meanwhile, prices of crude palm oil CPO Kandla remained at Rs 5 while in the futures market today CPO prices were lower at Rs. 8, then lower at Rs. The current price of Singtel was Rs 5 in the Mumbai market today with a rise of Rs 5, while the Rajkot side price went up by Rs 5 and Rs 5 per kg for Rs 5.

Cotton washed today at Rs 5 to Rs 5 while in the market of kapasia oil in Mumbai market was at Rs 5 per kg. Today, Chicago soybean futures prices in the United States were reported to have fallen 5 to 5 points in the evening, with Malaysia's markets soaring.

Meanwhile, in the world market today, there was news of Palmet's futures trading in Malaysia today at 5, 6, 6 and 5 points minus the price of palm products. Meanwhile, the debate over submitting the resignation of the Malaysian Prime Minister to the world market was heard today. Earlier, the Malaysian Prime Minister had given anti-India statements and in the wake of this, India had recently imposed restrictions on the import of palm oil from there.

Now the debate over the resignation of this prime minister has sparked various new debates in the world market. According to Indonesian news, the government has decided to start testing B-type biodiesel from April. The mandatory implementation of such biodiesel will be implemented from July next year. In Malaysia, production was expected to increase to 8.5 million tonnes in the current year of Malaysia.

In the world market today, CMF prices were $ 5 for March of soy and $ 5 for April, while crude palm oil for March for $ 1 and April for $ 1. In the wake of the spread of China's killer virus globally, fears of an impact on Palmet's trade have been discussed in the market today.

Meanwhile, soybean arrivals in Madhya Pradesh today came to around Rs 4,000 and the prevailing price remained at Rs 5 to Rs 3, while there was news of soybean prices being at Rs 5 to Rs 5 and refining at Rs 1 to 3.


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