Ahmedabad Singtel is now priced at Rs. Jumped to the surface of 2400

(By commerce representative), Ahmedabad, Mumbai, Ta. Monday, October 26, 2020

The Mumbai Oilseeds market today witnessed a rise in prices of various domestic and imported edible oils as well as behind the world markets. At the Ahmedabad Oilseed Market, Singtel was still bullish today, with the price of label tin rising by Rs. The surface of 200 had jumped. In addition, cottonseed oil reached the level of 1400. According to available data, Ahmedabad Singtel old cans cost Rs. 20 while the new label tin was closing at the level of 30 to 210 while the old cans of cottonseed were closing at the level of 150 and the new can at the level of 150-1500.

According to market sources, hawala resells as well as direct deliveries from refineries accounted for about 1,000 to 1,200 tonnes in today's Mumbai market, especially in the face of rising demand for imported palm oil. In hawala resell, ready-made deliveries were traded at Rs 4 to Rs 5 per 10 kg, while refineries were traded at Rs 20 to Rs 5 for November deliveries, sources said. Meanwhile, palm oil futures in Malaysia rose another 121 points in global trade today, while palm product prices rose to ડો 2.50 from ૫ 2.50.

In the first six days of October, palm oil exports grew by about 4 per cent in Malaysia on increased demand from India and China, according to MSPEC sources. Experts said the rise in palm oil was also due to speculation that the Indonesian government might raise tariffs on palm oil exports.

Meanwhile, in the Mumbai spot market, the price of 10 kg rose by Rs 1,50 to Rs 1,50 per kg, cottonseed oil by Rs 1,000 to Rs 1,005, sunflower oil by Rs 1,150 and refined by Rs 1,150. , Rs 1,150 for mustard, Rs 30 for soyoil digam and Rs 20 to Rs 3 for refined.

Meanwhile, crude palm oil (CPO) Kandla was up by Rs 510 to Rs 715, while CPO futures were quoted at Rs 6.50, up by Rs 20 this evening, while soyoil futures were up by Rs 15.50. Futures market sources said that it is being quoted at 8.30. Meanwhile, castor futures and mustard seed futures traded higher in the futures market today, analysts said.

Meanwhile, manufacturing companies today quoted a higher price of cingulum oil at Rs 1,50 to Rs 1,2 and 15 kg of cottonseed oil at Rs 2,50 to Rs 2,50, while cotton washed prices were quoted at Rs 20 to Rs 4. . Meanwhile, castor oil prices rose by Rs 3 per 10 kg in the Mumbai spot market today, while spot castor prices rose by Rs 3.

Castor November futures were trading at Rs 4.5, up Rs 15. Meanwhile, in the Mumbai flour market, the price of 1 tonne of sunflower flour rose by Rs 1,000 today, while soymeal flour fell by Rs 200, while other flours remained quiet.

In Malaysia, meanwhile, palm oil production fell by about 15 to 18 per cent in the first nine days of October, while Ukraine's sunflower oil prices rose by ૫ 15 to ઠ 20 per tonne last week. Meanwhile, soybean oil futures in the US agricultural markets this evening saw indications of a 5-6 point rise in the projection.