Decrease in groundnut oil and cottonseed oil
MUMBAI: Singtel and cottonseed oil prices continued to decline in the Mumbai oilseeds market today. Imported palm oil prices also fell. In the air market where the government will reduce import duty, the price of 10 kg of cingulum oil fell to Rs 15 today. While cottonseed oil prices fell to Rs 150. Manufacturers had quoted a reduced price of Rs 15 to Rs 1,200 for cotton washed. After a long time in cotton washed, Rs.
New arrivals were on the lookout. Peanut oil prices were quoted at Rs 15 per kg and Rs 20 per 15 kg at manufacturing plants today. Meanwhile, the price of mustard oil in the Mumbai market has stopped rising and today it was at Rs 150 amid a rebound. Meanwhile, imported edible oils were quoted at Rs 15 per ounce today. Today, 150 to 200 tonnes were traded at Rs 15 to Rs 150.
Crude palm oil CPO Kandla was down by Rs 1,150 today, while CPO futures fell by Rs 15 to Rs 1,150 in the evening and soyoil futures by Rs 15 to Rs 15, sources in the futures market said. Soybean futures, however, rebounded to around 3.5 per cent in the evening. Mustard seed futures, on the other hand, were 30 to 5 per cent softer in Kiev.
In the castor futures market, however, September prices jumped by Rs 15 to Rs 5 per kg amid a bullish move. While the price of castor present in Mumbai increased by Rs. Mumbai spot castor oil prices were quoted at Rs 12 to Rs 12 per 10 kg today. In the Mumbai flour market, the price of sunflower flour today fell by Rs 2,000 per tonne to Rs 31,000. While others remained silent.
In the Mumbai spot market, sunflower oil prices fell by Rs 150 and refined oil by Rs 150 today, while soyoil prices fell by Rs 15 to Rs 150 and that of refined oil by Rs 15. Coparel was quoted at Rs 120 per 10 kg and rice bran at Rs 150.
In Kandla, soyoil digam was trading at Rs 15 for delivery till the 20th. In the global market, palm oil futures in Malaysia today closed at 20, 104, 20 and 3 points higher while palm product prices rose by થી 20 to ૨૫ 5. Domestic prices remained soft despite rising global markets.
In the US agricultural markets, soyoil prices were projected to be 20 to 21 points higher in the projection this evening. Global prices of edible oils rose today on the back of rising crude oil in the world market.
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