Leading prices fall behind manufacturing in Singtel

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(Gujarat News Office) MUMBAI: In the Mumbai oilseeds market, cingulum oil prices continued to decline behind the establishments today, while cottonseed oil prices saw a softening and the market reacted to a slow recovery. Meanwhile, the weather was mixed in various imported edible oils. In the Mumbai market, new demand was on the rise today and in imported palm oil, hawala resell traded at just Rs 115 per 10 kg, market sources said.

Meanwhile, world market news was encouraging today. In Malaysia, palm oil futures rose to close at 100, 108 and 9 points plus in various deliveries, while soybean oil prices in the US agricultural markets were projected to be 111 to 115 points higher in the projection this evening.

Meanwhile, in the Mumbai spot market, the price of 10 kg of cingulum oil fell further from Rs 1,215 to Rs 150 to Rs 1,700 today, while the price of cingulum oil fell from Rs 15 to Rs 1,200 to Rs 150 and the price of 15 kg fell from Rs 200 to Rs 50 to Rs 4,150. There were reports of 2160 deaths. Meanwhile, cottonseed prices were hovering lower at Rs 150 to Rs 12, while cottonseed oil was trading at Rs 150 to Rs 150 in the Mumbai market today.

In the Mumbai market, mustard was priced at Rs 120 and refined at Rs 150. While imported palm oil was priced at Rs 115 and crude palm oil CPO Kandla was priced at Rs 105. Meanwhile, in the futures market, CPO futures jumped by Rs 5 to Rs 105 this evening, while July prices were at Rs 1,005.50. Soyoil futures jumped from Rs 15 to Rs 15 to Rs 150 today.

In the Mumbai spot market today, soybean prices were quoted at Rs 15 for digam and Rs 150 for refined. With the rise in sunflower, prices were higher today at Rs 150 and refined at Rs 150. Meanwhile, the spot price of Mumbai castor and the spot price of castor were generally calm today.

While in the castor futures market this evening, July futures prices were falling by Rs 2 to Rs 3050. In the Mumbai flour market, the price of a tonne of castor flour was quoted at Rs 40-50 per tonne today, while the prices of other flours remained generally calm amid two-way narrow fluctuations.

Meanwhile, according to world market news, the issue of wage increase in Argentina has been presented to the government by the union of workers in the oil seeds sector and they have warned that they will go on strike if these demands are not met.

Following this news, the world market saw a lot today. Meanwhile, total palm oil exports from Malaysia increased by 3 to 4 per cent in the first three days of June, according to world market analysts. There, the price of palm products was raised by થી 10 to ૨ 30 today. Palm oil and soyoil prices were higher in Chinese markets today.


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