Single oil boom at new festivals

-


(Gujarat News Office) MUMBAI: Cingulum oil prices surged behind Saurashtra in the Mumbai oilseeds market today. In the run-up to the Navratri festival and the upcoming Dussehra day, demand for cingulum oil was on the rise and new sales were slowing down, market insiders said. Meanwhile, in the Mumbai spot market today, the price of 10 kg of cingulum oil was quoted at Rs 150 from Rs 1,200. On the Saurashtra side, prices were reported to have jumped from Rs 150 to Rs 1,200 and Rs 15 to Rs 20 per 15 kg. The price of cottonseed tin rose by Rs 30 to Rs 200.

Prices of cotton washed rose to Rs. Cottonseed oil was trading at Rs 150 in the Mumbai market today. Meanwhile, soyoil prices in the US agricultural markets remained soft by 8 points overnight. While soybean prices fell by 3 points. There were indications that soymeal prices were also in the negative of 150 points.

Market analysts were predicting a lower price of palm oil in Malaysia on Monday as prices in the US fell and new demand in imported edible oils in the Mumbai market was on the rise today.

Imported palm oil was trading at Rs 120 in the Mumbai market. Experts were showing that the price of palm oil will be in the range of Rs. Meanwhile, crude palm oil CPO Kandla was quoted at Rs 1,200 to Rs 1,505.

Soyoil prices fell to Rs 15-150 for digam and Rs 150 to 18 for refined. The price of sunflower was Rs.150 and that of refined was Rs.1210. The price of mustard was quoted at Rs. Currency market players were also keeping a close eye on the dollar's move against the rupee in the Mumbai currency market on Monday.

Meanwhile, prices of various deliveries at Mundra-Hazira were quoted at Rs 15-16 for palm oil, Rs 120-150 for soyoil and Rs 120-150 for sunflower.

Prices of Sunflower at Navi Mumbai Port ranged from Rs 150 to Rs 150 for various deliveries. In Chennai, the price ranged from Rs 150 to Rs 1,200. Meanwhile, the possibility of curbs in the form of stock limits was also being discussed in the market today in view of the high prices of edible oils during the festive season. Argentina, meanwhile, has seen signs of a declining percentage of crushing.


Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more