Retreat in various domestic and imported edible oils

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(Gujarat News Office) MUMBAI: Prices of various domestic and imported edible oils witnessed a general decline in the Mumbai oilseeds market today. New demand was sluggish, with news from manufacturers and world markets softening. Meanwhile, amid indications of fresh arrival of cotton in northern India, the prices of cotton-washed and caraway oil were seen retreating today.

In the global market, palm oil futures fell in Malaysia today to close at 8, 9, 21 and 9 points minus. While there, the price of palm products fell by થી 10 to આજે 15 today. Total palm oil exports from Malaysia were reported to have declined by about 15 to 18 per cent in August.

In the US agricultural market, soyoil prices were softer by 21 to 5 points in today's projection. In the Mumbai spot market today, the price of 10 kg of imported palm oil fell by Rs 150. While crude palm oil CPO Kandla was quoted at Rs 115.

CPO futures fell to Rs 119.50 this evening. While soyoil futures were trading at Rs 15. Castor's September futures were trading at Rs 50 in Kiev this evening amid minor improvements. Mumbai spot castor prices fell by Rs 5 to Rs 4,060 per kg, while Mumbai spot castor oil prices fell by Rs 5 per 10 kg today to Rs 150 to Rs 150 per kg.

Meanwhile, castor meal prices were hovering around Rs 30 per tonne in the Mumbai flour market today. While the price of soymeal crossed Rs. 6,000 per tonne and crossed Rs. The others, however, were quiet. In the Mumbai spot market today, the price of cingulum oil fell by Rs 120 per 10 kg while the price of cottonseed oil fell by Rs 15.

Manufacturers were quoted at Rs 150 to Rs 15 for washed cotton and Rs 150 to Rs 40 for 15 kg of cingulum oil. In the Mumbai spot market today, the price of sunflower fell to Rs 1,210 and refined to Rs 150. While soyoil prices fell to Rs 150 for digam and Rs 150 for refined.

However, the price of mustard increased by Rs 150 and that of ref. By Rs 150. Mustard seed futures, however, remained soft at Rs 40-50 today. In soybean futures, a 5 per cent bullish circuit was implemented today and there were indications that the price would go up by Rs 21. Mustard seed revenue was 6,000 times on the Rajasthan side and 1 lakh 2,000 times on the All India side today and the price on the Rajasthan side was Rs.

Total palm oil production in Malaysia was projected to increase by about 5 per cent in August. In Malaysia and Indonesia, there was news of declining European demand for palm oil. In the US agricultural markets, cotton prices fell by 120 points in overnight trade, while soybean prices fell by 30 points, soyoil by 9 points and soymeal by 12 points.

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