Demand growth in Singdana corresponding to Mahashivratri
Mumbai, Ta. 18 February 2020, Tuesday
In the Mumbai oil-seeds market, there was an uptick in prices of singletons and shrimps. Singtel prices were falling behind Saurashtra. While various manufacturing stations in Singdana have shown good export demand for the coast, in addition to the seasonal demand for festive season in the locality before the Mahashivratri locality, the market prices of the Singdana have gone up. Meanwhile, the decline in the prices of imported pallets went ahead today.
In the market present in Mumbai, the price of 5 kg was Rs. 1 per liter of Singtel. On the Rajkot side, there was news of Rs 5 to Rs 5 and Rs 5 to Rs 5 and Rs 5 to Rs 5 for Rs 5. Cotton washed today there was a price difference between Rs.
In the Mumbai market, the price of cottonseed oil was Rs. Meanwhile, all-India daily average arrivals in Singdana are coming in at around four and a half times against the local and export prices are steadily calling. The prices in the new Mumbai Singdana Bazaar were from Rs. 3 to Rs. While the prices of the 3-5 count were speaking at Rs 5, Rs 6-8, Rs 5-8, and Rs 5-8 on Rs 5.
Meanwhile, in the spot market in Mumbai today, Palmetal prices were down by Rs 5 per kg to Hwala resale while JNPT prices were calling at Rs. About 5 to 5 tonnes were traded in the range of Rs. The price of crude palm oil CPO Kandla was Rs 5, while in the futures market today, CPO prices fell between Rs. While soyatel futures remained at Rs 5, it was Rs 5 in the evening.
According to world market news, the directive that China will provide relief on import duty on various items imported from the US was flowing today. The items also include soybeans and crude oil, the report said.
Meanwhile, in Malaysia today, Palmet's futures were up five points in the near future delivery while the price of palms products was raised by two-and-a-half dollars, while there was news of the delivery being at Rs. At present, prices of soyetail digam in Mumbai market stood at Rs 6 and Rifa was at Rs 5.
Chicago soybean futures prices in the US were up 5 points to 5 points this evening in Projections. While the Mustard was priced at Rs 5 and Rs 5 per kg of copper. In the Mumbai market today, the price of dewel was Rs. 5 while the price of castor was Rs. In the castor futures market today, prices were pointing to an upward trend of 5-8.
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