Imports of edible oils, however, survive in domestic oils

(By commerce representative), Mumbai, Ta. 22 September 2020, Tuesday

In the Mumbai oilseeds market, prices of various imported edible oils today witnessed a rebound behind the world market. Falling markets also slowed new demand and trades remained sluggish, market sources said. However, on the one hand, imported edible oils were falling, while on the other hand, prices of various domestic edible oils remained calm today.

In Malaysia, meanwhile, palm oil futures fell 41 points today, as news of US agricultural markets also showed a sharp decline. Experts said global edible oil markets had a negative impact amid reports of a resurgence of the corona virus outbreak in various parts of the world.

Meanwhile, in the Mumbai spot market, the price of 10 kg of imported palm oil fell by Rs 5 to Rs 20 today, while that of crude palm oil (CPO) Kandla fell by Rs 200. Meanwhile, in the futures market this evening, CPO was trading at Rs 2.50 in September and Rs 7, while soyoil was down in October at Rs 3.30 and was trading at Rs 4.

Meanwhile, in the Mumbai spot market, soyoil digam was trading at Rs 4, refined at Rs 5 to Rs 7, sunflower at Rs 1,200 and refined at Rs 1,50. Mustard prices were hovering around Rs 1,050, cingulum oil at Rs 1,200 and cottonseed oil at around Rs 4.

Meanwhile, manufacturers were quoted at Rs 6 to Rs 20 for washed cotton, while cingulum oil was quoted at Rs 1,50 to Rs 1,50 and 15 kg for Rs 1,20 to Rs 2,000. Meanwhile, in the Mumbai spot market, castor oil fell by Rs 5 to Rs 21 to Rs 31 today, while spot castor fell by Rs 10 to Rs 4,605.

In the castor futures market, October futures fell by Rs 5 to Rs 4,15 this evening, sources in the futures market said. Meanwhile, soymeal prices fell by Rs 200 to Rs 50 per tonne in the Mumbai flour market today, while castor meal prices remained high at Rs 3. However, the others were quiet.

Meanwhile, in Madhya Pradesh today, soybean revenue was around 20,000 times while new revenue was around 10,000 times. In Malaysia, meanwhile, crude palm oil production was up nearly six per cent in the first 20 days of September. In Ukraine, stocks of sunflower seeds fell by about 3%.

Meanwhile, soybean futures were down 210 points in overnight trade in US markets, while soymeal futures were down 30 points, soyoil futures were up 3 points and cotton futures were down 6 points. Were.