Shine on the price of singlet and pallet

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Mumbai, Ta. Friday February 21, 2020

The Mumbai oil market was officially closed today due to Mahashivratri. On the closed market today, prices were calling higher. World market news was encouraging. At Malaysia, Palmet's futures closed today, finally closing at 5, 6, 6 and 6 points plus prices of palm products, where prices remained two-and-a-half dollars high. Chicago soybean futures overnight in the US fell 5 to 5 points after tonight's projection this evening, while prices remained at 5 to 5 points plus.

With the rising global market, new sales in the closed market today were slow and the mood was on the rise. In Mumbai market today, the price of 5 kilos of pallet hawala resale is Rs. Increased by Rs. While the JNPT was priced at Rs. 3 rupees There were two. One of the refineries' direct delivery costs Rs. There were about 2 to 5 tonnes in the past. However, since then some refineries have raised prices. The talk of having 2 was heard in the market today.

Meanwhile, the price of Singtel in Mumbai market is Rs. 3 rupees There were three when Rajkot side called for a higher price there. 1 to 3 of its 5 kg Rs. There were 3 to 5 directions. Cotton washed there, however, costing Rs. 3 to 5 Rs. There was talk of speaking from 1 to 5.

Cottonseed oil prices in Mumbai market today are Rs. While the price of soybean was Rs. 3 rupees 3 and refined Rs. 3 rupees There were two. Sunflower Price Rs. 3 and refined Rs. While the Mustard was priced at Rs. 1 was speaking. Meanwhile, the total exports of palm oil from Malaysia fell by 6% to 7 tonnes in the first six days of this month, which was down to 8 tonnes in the previous month, according to SGS.

Soybean exports from Brazil were reported in February, with reports suggesting more than 5 million tonnes. This year, the figure was shown to be about 5 percent higher than in February last year.

There were reports that the government had so far issued around 1 lakh tonnes of licenses for importing refined palmines from Indonesia into India. The government had received about 5 applications from importers for such imports. While the country's oil refinery class is demanding to reduce the import of refined edible oils in the courtyard, the government is showing surprise in the trade and industry world over the issue of such licenses.


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