Record rise in cottonseed oil

-

(By commerce representative), Mumbai, Ta. Thursday, November 19, 2020

In the Mumbai oilseeds market, however, cingulum oil prices remained calm today, with cottonseed oil surging higher. Current prices of imported palm oil, soyoil and sunflower oil were higher on the back of global markets.

Meanwhile, about two and a half thousand tonnes of imported palm oil was traded in the Mumbai market for late December delivery on Wednesday evening, with new trades scattering today, market sources said.

Palm oil futures in Malaysia traded lower at 7 points in the evening after being bullish till noon today, while palm product prices fell by સા 7.5 to ત્યાં 7.5. Total palm oil exports from Malaysia are expected to fall by about 15 to 18 per cent in the first 30 days of November, according to global analysts. Meanwhile, total exports of various flours from the country rose by about 3 per cent in October, according to sources in The Solvent Extractors Association.

Meanwhile, in the Mumbai spot market, the price of 10 kg of cingulum oil was Rs 1,50 today, while cottonseed oil was quoted at Rs 1,05. Manufacturers had raised the price of cotton washed from Rs 1,013 to Rs 1,015.

On the other hand, the price of cingulum oil was reported to be between Rs 1,50 and Rs 1,50 and for 15 kg at Rs 2,150 to Rs 3,150. In the Mumbai market, imported palm oil rose above Rs 1,000 to Rs 1,005 today, while crude palm oil (CPO) Kandla rose by Rs 30.

In the futures market, CPO's November futures were trading at a high of Rs 3.50 and Rs 7.30 in the evening, while soyoil's December futures were at a high of Rs 1,05 and Rs 1,050 in the evening. CPO futures took a bullish circuit late Wednesday evening.

Meanwhile, in the Mumbai spot market, soyoil was quoted at Rs 1,050 for refined and Rs 1,050 for refined, while sunflower oil was quoted at Rs 1,200 and refined for Rs 1,20. Mustard prices were quiet at Rs 1,50.

Meanwhile, the spot price of Mumbai castor rose by Rs 3 today, while the present castor rose by Rs 3. On the other hand, the December futures of castor were trading at Rs 5 in the evening. Meanwhile, the impact of Indonesia's lowering interest rates on a record low was also felt in the global palm oil market.

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