The rise in edible oils in the world market following the rise in crude

(Gujarat News Office) MUMBAI: Prices of various imported edible oils rose in the Mumbai Oilseeds market today. The rise in crude oil prices in the world market was followed by news of rise in prices of various edible oils globally and also the rise in domestic edible oil prices in the spot and futures markets today.

In the Mumbai market, imported palm oil rose by Rs 15 to Rs 150 per 10 kg, while crude palm oil CPO Kandla rose by Rs 1,150. In futures market, CPO was up by Rs 1,150.50 and soyoil futures were up by Rs 15. Soybean futures and mustard seed futures also rose. In the Mumbai market, soyoil rose by Rs 15 for digam and Rs 150 for refined. The price of sunflower was Rs.

However, the price of cingulum oil fell to Rs 150 from Rs 150. Cottonseed oil was trading at Rs 150. Producers had reduced the price of washed cotton to Rs 150, while the price of cingulum oil was Rs 15 and Rs 15 per 15 kg. Mumbai spot castor was showing a slow decline today. The present castor was also reduced.

Meanwhile, palm oil futures in Malaysia traded higher by 12, 13, 14 and 12 points, respectively. There, the price of palm products went up by ૫ 8 to ૧૦ 10. At home, soybean income was 3 lakh 50 thousand times in Madhya Pradesh and 2 lakh 50 thousand times in All India.

At Mundra Hazira, various delivery prices ranged from Rs 12 to Rs 12 for palm oil, Rs 15 to Rs 12 for soyoil and Rs 1,310 to Rs 1,315 for sunflower. In Madhya Pradesh, soybean prices ranged from Rs 200 to Rs 200 per variety.

Meanwhile, soybean prices fell by 104 points in overnight trade in the US agricultural markets, while soymeal prices fell by 3 points. Soyoil prices were showing a slow decline there. Soyoil prices rose 4 to 6 points in the projection this evening. Global edible oil prices also rebounded today on the back of rising crude oil prices, world market experts said.

Meanwhile, in the Mumbai flour market, the price of a tonne of cottonseed meal went up by Rs 200 today while that of a sunflower meal went down by Rs 200. Castor meal increased by Rs. Soymeal prices were falling today. The others were quiet.