During Dussehra, prices of various domestic and imported edible oils fell

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(Gujarat News Office) MUMBAI: New demand in the Mumbai oilseeds market was strong today. Prices were soft. Palm oil fell in the world market. In the Mumbai spot market, the price of 01 kg of cingulum oil fell by Rs 150 and cottonseed oil fell by Rs 1,200 to Rs 150 today.

In Saurashtra, there were indications that the price of cingulum oil would fall by Rs 15 to Rs 150 and that of 15 kg by Rs 4 to Rs 200, while that of cotton washed would fall by Rs 15. In the Mumbai market, imported palm oil fell by Rs 1,600 while crude palm oil CPO Kandla fell by Rs 1,115. The futures market was also down. In the Mumbai spot market, soyoil prices fell to Rs 150 for digam and Rs 1,200 for ref.

While the price of sunflower fell to Rs. 120 and Rs. Mustard prices fell to Rs 150 and ref. In the futures market, CPO prices fell by Rs 6 to 7 this evening. While soyoil futures were in the range of Rs 15 to 18 minus. Soybean futures were soft at Rs 5 to Rs 20.

In Malaysia, meanwhile, spam oil futures fell by 104, 12, 13 and 12 points today, while palm product prices fell by થી 2.5 to પાંચ 5. The total area under groundnut cultivation in Gujarat has increased to 12 lakh 10 thousand hectares this year. Experts were estimating that the total crop would be around 2.5 lakh tonnes. Palm oil and soyoil prices fell in Chinese markets today.

Palm oil prices in Malaysia rebounded sharply today after hitting a record high on Wednesday. Prices for various deliveries at Mundra and Hazira ranged from Rs 1,310 to Rs 150 for palm oil, Rs 150 to Rs 120 for soyoil and Rs 150 to Rs 150 for sunflower.

The prices at Navi Mumbai port were Rs 150 to Rs 150 for sunflower and Rs 150 to Rs 150 for sunflower. Prices of sunflower at Navi Mumbai port ranged from Rs 150 to Rs 150 while at Chennai it was Rs 150. Palm oil prices in Malaysia rebounded on Wednesday on declining duty and aggression in India, but there were indications that prices rose today.

There were indications of record imports to India in September. Such imports of palm oil in India have increased to a record level of 1.8 million tonnes. Meanwhile, soybean prices fell 20 points in overnight trade in US agricultural markets. While soyoil was up 3 points. Cotton prices were down 3 points there. Soymeal prices were mixed.

Meanwhile, soymeal prices in the Mumbai market today were hovering around Rs 200 per tonne. The price of groundnut was Rs 2,000 per tonne. While Rs.1000 of sunflower meal was lost. However, with the spot price of Mumbai castor going up by Rs 5 per 10 kg today, the spot castor price was also quoted at Rs 20 higher in Kiev.

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