Peanut oil prices rise: Decline in various edible oils in the futures market

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(Gujarat News Office) MUMBAI: Cingulum oil prices fell in the Mumbai oilseeds market today. News from Saurashtra was booming. However, as the prices of edible oils in the world market plummeted, the prices of imported edible oils were spot on today and soft in the futures market. Meanwhile, in the Mumbai market, the price of 10 kg of cingulum oil was Rs 150 to Rs 150. While cottonseed oil prices rose to Rs 150.

On the Saurashtra side, the price of cingulum oil was Rs 15 and Rs 15 per kg, while the price of washed cotton was Rs 13. Meanwhile, palm oil futures in Malaysia closed at 101 points in the global market today.

Palm oil was trading at Rs 1,210 in the Mumbai market today. While the price of crude palm oyster scripts Kandla was quoted at Rs 115 to Rs 1150. CPO futures traded lower by Rs 19.50 to Rs 1,151.50 this evening. Soyoil futures fell by Rs 15 to Rs 12.50. Soybean futures were soft at Rs 70-9 today.

In the Mumbai spot market, soyoil prices were at Rs 115 for Digam and Rs 150 for Rifa. The price of Sanpalawar was increased to Rs. 18 and Rs. Mustard prices rose to Rs 150 and ref. In the Mumbai spot market today, the price of castor rose by Rs 15 to Rs 12,150 per quintal while the price of castor castor rose by Rs 415 per quintal.

In the Mumbai flour market, the price of a tonne of castor flour jumped from Rs 1,150 to Rs 150 today, while soymeal flour rose by Rs 1,000 to around Rs 200. The price of sunflower meal went up by Rs 2,000 per tonne. While the price of groundnut was quoted as high as Rs.1000. The others were quiet.

In the Mumbai spot market, Coparel was priced at Rs 120 per 10 kg and rice bran at Rs 150 today. There were reports of declining palm oil exports from Malaysia. Meanwhile, soybean revenue in Madhya Pradesh today was 3 lakh times and All India 2 lakh 6 thousand times.

In Madhya Pradesh, prices ranged from Rs 600 to Rs 700. Meanwhile, Mustard's revenue today was 30,000 times in Rajasthan and 1 lakh 30,000 times in All India. Prices in Jaipur ranged from Rs 5 to Rs 200. Prices of various deliveries at Navi Mumbai port ranged from Rs 150 to Rs 1,200.


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