Peanut oil rejuvenation: advance in cottonseed oil

-

(By commerce representative), Mumbai, Ta. 19 August 2020, Wednesday

In the Mumbai oilseeds market, the price of cingulum oil rose again today after the shock-absorbing stations, while the prices of various imported edible oils surged behind the world market. Prices have also gone up in the futures market along with the spot market, market sources said.

However, new demand in the Mumbai market was slow today and new trades were scattering today after palm oil traded at 500 tonnes on Tuesday, analysts said. In Malaysia, palm oil futures rose 19 points today, while palm product prices rose by ૫ 2.50 to ૦૦ 2.00.

Meanwhile, in the Mumbai spot market, the price of 10 kg of cingulum oil was quoted at Rs 1,50 to Rs 1,20 today, while at manufacturing plants, prices rose by Rs 1,210 to Rs 1,20 and 15 kg at Rs 1,50. While the price of cotton washed increased from Rs. 5 to Rs. In the Mumbai market, cottonseed oil was quoted at Rs 6, soyoil digam at Rs 20 and refined at Rs 4.

While palm oil prices were rising from Rs 3 to Rs 4. Crude palm oil (CPO) Kandla was up by Rs 30, while futures traded higher by Rs 4 to Rs 5 this evening.

Meanwhile, in the Mumbai market, the price of sunflower was Rs 30 and refined Rs 7, while the price of mustard was Rs 1,050. Meanwhile, castor spot prices fell by Rs 5 to Rs 4 to Rs 5, while spot castor prices fell by Rs 15 to Rs 2,115. Castor September futures fell by Rs 15 to Rs 2,50 this evening. In the Mumbai flour market, the price of 1 tonne of cottonseed meal went up by Rs 200 today.

Meanwhile, global palm oil exports from Malaysia are expected to decline by about 15 to 18 per cent in the first 30 days of August, world market analysts said today. Meanwhile, indications were circulating that Indonesia was considering raising export taxes.

Meanwhile, cotton futures fell by 3 points, soybean meal by 21 points and soybean by 3 points in overnight trade in US agricultural markets.


Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more