Virus Infection to Diwali-Castor

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Mumbai, Ta. 26 February 2020, Tuesday

Oil and castle prices in Mumbai oil-seeds market today went ahead. The castor futures market was also soft. However, prices of various desi and imported edible oils continued to collide with narrow fluctuations today. Food prices remained soft in the futures market. In the market present in Mumbai, the price of a 5 kg dewle fell by Rs. While the price of castor in Mumbai was Rs 5, it was Rs.

Prices of castor oil were trading at Rs 5 per tonne while in the futures market this evening, futures prices were down around Rs. New demand in Diwali has been slower against castor crop this year, with deadly virus infiltration in China and the outbreak spreading to other countries now beyond China, according to reports.

Under normal circumstances, exports of India from India to China are significant and such exports have been affected. India's exports of diesel declined by about 5 percent in the first quarter and there were signs of a slowdown in exports this year. Exports to China were down by around 5 to 8 percent in the year and this decline is gaining momentum this year. India's exports of diesel from 2 lakh 5 thousand tonnes have fallen to 3 lakh 5 thousand tonnes and in the current year of 5, the picture is disappointing.

Meanwhile, in the spot market in Mumbai, Singtel prices remained calm at Rs 5 a kg, while the Rajkot side was priced at Rs 5 and Rs 5 per kg. Today, the price of cotton washed was Rs. In the Mumbai market, the price of cottonseed oil was Rs. In the Mumbai market, prices of palmetta were Rs 6 and Rs 6 for JNPT. About 5 to 5 tonnes were traded in the range of Rs.

The price of crude palm oil CPO Kandla was Rs. While CPOs were trading below the futures price of Rs. While soyatel futures prices were lower at Rs.5, the lowest was Rs. At the world market today, futures futures in Malaysia closed down at 5, 5, 6 and 5 points. While there, the prices of the palm product remained soft today, at seven and a half dollars.

Meanwhile, in the US, the Chicago soybean futures overnight was 5 to 5 points softer, and today the projection was news that the prices were in the evening 5 to 5 points. In the spot market today, the price of Soyatel was Rs. 2 per liter and Rs. 1 for the ref. Sunflower prices were at Rs 1 and Riffa at Rs 6, while Amsterdam prices were at Rs 5 and Copper at Rs 5.

In the Mumbai khola market today, the price of cottonseed hollow was Rs. 1 per tonne while the others were quiet. Meanwhile, Indonesia's government is considering increasing duty on Palmetel's exports, according to World Market News.


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