Decrease in groundnut oil and cottonseed oil

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(Gujarat News Office) MUMBAI: Prices of various domestic and imported edible oils remained sluggish in the Mumbai oilseeds market today. The new demand was winged. The government is currently eyeing the edible oil market to keep prices reasonable before the festivals. This question has been called meetings on Wednesdays.

Amid fears of storm surges, the market has also seen a surge. Meanwhile, in the Mumbai spot market, the price of 10 kg of cingulum oil fell by Rs 150 today while that of cottonseed oil fell by Rs 150. On the Saurashtra side, the price of cingulum oil fell by Rs 1,200 and Rs 30-40 per 15 kg, while the price of cotton washed fell by Rs 150 today.

Imported palm oil was quoted at Rs 1,200 in the Mumbai market. The new demand was winged. Crude palm oil CPO Kandla was priced at Rs 115. Meanwhile, in the futures market this evening, the price of soybean oil futures were trading at Rs 1112.50 while the price was down by Rs 19.50 to Rs 19.00. However, in the US agricultural markets, soyoil prices were projected to be in the range of 4 to 5 points in the projection this evening.

Meanwhile, soybean futures were soft at Rs 150 to Rs 150 per kg today while castor futures fell by Rs 5 to Rs 7. However, the spot castor price in Mumbai rose by Rs 20 today, while the spot castor price rose by Rs 3 per 10 kg to Rs 15 to Rs 1,205. The spot price of soyoil was Rs 15 for Digam and Rs 1,205 for Rifa, while the price of Sunflower was Rs 150 and Rs 150 for Rifa. The price of mustard was Rs.150 and Rs.150 for ref.

In the Mumbai flour market, the price of a ton of sunflower flour fell by Rs 1,000 and that of soymeal flour by Rs 1,200. While the price of castor meal went up by Rs. The others were quiet. Various edible oils rose on the back of rising crude oil in the world market. In Malaysia, palm oil futures were raised by 4.5 and 6 points today.

Meanwhile, soybean income in Madhya Pradesh today was 3 lakh 40 thousand times, in Maharashtra it was 3 lakh times and All India income was 3 lakh 50 thousand times. Prices in Madhya Pradesh ranged from Rs 600 to Rs 700. Prices for various deliveries at Navi Mumbai port ranged from Rs 150 to Rs 12 for sunflower, while soybean oil at Rs 150 in Kandla and Rs 150 to Rs 150 for sunflower in Chennai.

Exports of palm oil from Malaysia declined in the first three days of this month to 6.50 per cent to 12.50 per cent. In addition to soyoil, soybean and soymeal prices were also projected to be positive in the US agricultural market this evening.

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