Palmetto boom in the world market

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Mumbai, Ta. 27 February 2020, Thursday

After the decline in the futures market in the Mumbai oil-seeds market today, directives were coming in the evening after shocks were recovered. World market news shows a refreshing improvement over declining prices. After the futures plummeted in Malaysia, prices rose again last evening, closing at 1,3,3 and 5 points plus. While there, the prices of the palm product were raised by five to ten dollars. Were. There were reports that the government had decided to provide stimulus to protect and back the economy from corona virus.

Following this, prices of palm oil rose sharply in the afternoon, market analysts said. Meanwhile, there were reports that the government had decided to provide about $ 5.5 billion in small businesses and businesses affected by the virus. Meanwhile, in the spot market in Mumbai today, there was 2 kg of Bhava Palmetel hawala resale and Rs 5 of JNPT. The refinery direct delivery business today has grown to around 5-7 tonnes at Rs.

Meanwhile, prices of crude palm oil CPO Kandla remained at Rs 6 while CPO futures prices were lower today at Rs 5, while prices were up by Rs. After the lower of the futures, the price went up to Rs. After the Chicago soybean futures overnight fell 5 to 5 points in the United States, the projection today was the news that prices were up 5-8 points in the evening.

In the market today, the price of Singtel was Rs 5, while the Rajkot side price was between Rs 5 and Rs 5 per kg. Cotton washed today at Rs 5 to Rs 5 and in the Mumbai market, cottonseed oil prices were Rs. Meanwhile, the present price of soyetail was Rs. 1 to Rs. 5 and ref. Rs. While sunflower was Rs. 1 and ref. Mustard prices were at Rs 5 and Rs 5 for copper.

The current price of Diwali was reduced by Rs. 5 today while the present price of Mumbai castor was Rs. In the Mumbai khol market today, the price was Rs 5 per tonne of cottonseed khola, while the price of soyetail was reduced from Rs 1 to 3 for the tonne. The price of castor oil was Rs. 1 per tonne. While the other laps were quiet.

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