Decline in soymeal and soybean prices

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(Gujarat News Office) MUMBAI: Soybean and soymeal prices rebounded sharply in the Mumbai oilseeds market today. According to a story being discussed in the market, the government is setting the stage to allow the import of GMO type soymeal in the country.

As a result, soymeal and soybean are widely sold in the market today. The soybean futures market today again showed signs of a six per cent lower bearish circuit. The price of soymeal is around Rs. 8 to 10 thousand Gabdi today Rs. There was talk of talking around 2000. More clear innocence about import exemption was waiting in the market.

Soybean futures, meanwhile, fell by 6.5 per cent in the evening after falling 6 per cent at one point in August today. 313 were speaking.

Meanwhile, mustard seed futures fell two to two per cent today. In the Mumbai flour market, the price of soymeal today fell to Rs. 1000 fell. However, the price of cottonseed meal was Rs. 300 to 500 were raised. The others were quiet. In the US agricultural markets, soybean prices rose by 12 points in close delivery in the overnight trade, while subsequent deliveries were down.

Soyoil prices were also seen higher at 41 points in near-overnight delivery and lower in subsequent deliveries. Soymeal prices rose eight points while cotton prices fell 115 points overnight.

Meanwhile, there was news that soyoil prices were in the range of 4 to 5 points in the projection this evening. Malaysia's palm oil markets were closed today due to the holiday. From there, total palm oil exports fell by about 15 to 18 per cent in the first ten days of August, ITS sources said.

Meanwhile, in the Mumbai spot market today, the price of 10 kg of cingulum oil is Rs. 150 with Rs. 150 while cottonseed oil was priced at Rs. 130 and refined at Rs. 150 were speaking. Mustard Speed's revenue was around 6,000 times that of Rajasthan and about 2 lakh times that of All India today.

Peanut oil prices hit Rs. 150 and 15 kg Rs. 500 while the price of cotton washed was Rs. Lived from 1910 to 1915. Soyoil prices fall in Mumbai market 15 and Rs. 18 while imported palm oil prices fell to Rs. 15 and Palm Oil CPO Kandla Rs. 115 to 1150.

In the futures market, however, CPO futures traded at Rs. Seven increased to Rs. 116.30 was rising and 12 was speaking. In the Mumbai spot market today, the price of sunflower is Rs 120 and Rs. 120 remained. While the current retail price is Rs. ૨ Decreased variety Rs. 115 to 115.

Mumbai spot castor price fell by Rs 10 per quintal today. There were 20. While in the castor futures market, the August price was Rs. ૪૪ Increased to Rs. Speaking in the evening. Coparel price is Rs. 150 and Rs. Lived in 1910. The price of sunflower in various deliveries at Navi Mumbai port is Rs. Lived in 1910.

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