Reduction in prices of various edible oils in the world market

- Refined palmet imports in the country tighten prices

Mumbai, Ta: 13th April 2020, Monday

Other imported edible oils also went up in the wake of rising petrol prices in the Mumbai oil and oil market. Although the global market saw a drop in prices of palmet and soyatel, according to news received from Delhi late in the evening, the central government had issued directives to tighten various conditions for the import of refined pallets imported into the country. As a result of this, informants were showing the possibility of further refining of domestic refined pallets.

Meanwhile, in the spot market in Mumbai today, the price of the 5 kg was Rs. Today, 5 tonnes were traded at Rs. In the futures market today, crude palm oil (CPO) futures were up by Rs 5 to Rs 5, while soybean futures were called at Rs 5 to Rs 8.6.

However, in Malaysia, Palmet's futures were missing 5 points, while the prices of the palm products were down by 5.4 to $ 5. There were reports that palmetto production increased by around 3 to 5 percent in the first 3 days of April. On the US side, Chicago soybean futures prices were up 5 points this evening at the projection this evening.

Meanwhile, the price of Singtel in Mumbai market today was Rs. 1, Cottonseed Oil increased by Rs. 1, Soyatel Digam increased by Rs. Sunflower prices were hiked by Rs 5 and refined by Rs 5 to Rs 5. At Rajkot, Singtel was reported to be priced at Rs 5,7,6,7,7,7,7,7,7,7,7,7,7,7,7,7 and for Cotton Washed Rs. In Mumbai market today, the price of dewel has increased by Rs. 7 while the price of castor has increased by Rs. The castor crop remained undervalued, with lower prices. In the Mumbai khola market today, the prices of soybean showed a rise of around Rs 5 per tonne, to Rs 5,3, while the prices of other commodities remained flat.