Soybean bouncing futures became a bullish circuit

-

(Gujarat News Office) MUMBAI: Cingulum oil prices in the Mumbai oilseeds market today saw a downward trend behind the stations. Cottonseed oil prices rose again. The prices of imported edible oils were also rising. Imported palm oil traded at around 400-500 tonnes today for increased delivery in July and August. Soybean futures rebounded today to a four per cent in the first phase and then a six per cent bullish circuit.

Amid short supply-like conditions in soybeans, heavy rains in various parts of Maharashtra and fears of floods affecting soybeans were discussed in the futures market. Mustard seed futures were also lifted. Soybean soybean prices soared today.

There was also news of rain in Madhya Pradesh. Meanwhile, in the Mumbai market today, the price of 10 kg of cingulum oil was Rs 120 to Rs 150. While cottonseed oil prices rose to Rs 120. The price of cingulum oil was reported at Rs 1,200 to Rs 12 per kg and Rs 20 to Rs 30 per 15 kg.

In the Mumbai spot market today, the price of castor oil rose by Rs 15 per 10 kg and the variety was quoted at Rs 115 to Rs 115. On the other hand, the price of castor present in Mumbai today jumped by Rs. Castor futures were trading at Rs 710 in August. Meanwhile, at Mundra-Hazira, various delivery prices were quoted at Rs 150 to Rs 12 for palm oil, Rs 1,200 to Rs 1,310 for soyoil and Rs 150 for sunflower.

Meanwhile, the Mumbai flour market was bullish today. The price of soymeal increased by about Rs 2,000 per tonne and jumped to the level of Rs 3,000, hitting a new record high of Rs 30-3. In the Mumbai flour market today, the price of groundnut flour also went up by Rs 1,000 per tonne to Rs 200. However, castor meal prices remained soft at Rs 30-40 today. While the price of sunflower meal was increased by Rs. The others were quiet.

In the Mumbai market, imported palm oil traded at Rs 1,215 to Rs 150 for hawala resale and Rs 150 to Rs 12 for refinery direct delivery for August. Crude palm oil CPO Kandla was up by Rs 1,150. In the futures market, CPO prices rose from Rs 115 to Rs 115 today, while soyoil futures rose above Rs 1,200.

Meanwhile, in the Mumbai spot market, soyoil prices rose to Rs 15-150 for digam and Rs 1,200 for refined. The sunflower was quiet. Mustard oil and rye oil prices were also hitting. Prices of cotton washed ranged from Rs 1,200 to Rs 1,505.

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