Compared to palm oil and soyoil in the world market
(Gujarat News Office) MUMBAI: About 800-90 tonnes of refinery direct delivery was traded in the Mumbai oilseeds market today on demand of imported palm oil at Rs 2,130 per 10 kg. Meanwhile, palm oil futures in Malaysia rose by 3 to 4 points in the global market today, while soyoil prices in the US were reported to be in the projection of 4 to 5 points in the projection this evening.
In the Mumbai spot market, the price of 10 kg of palm oil today was Rs 1,150 while crude palm oil CPO Kandla was at Rs 1,150 and Rs 113. In the futures market, CPO futures were priced at Rs 1,109.60 and December soyoil December futures at Rs 113.50. Were spoken. Soybean futures rose by Rs 10 to Rs 510 in the evening. Meanwhile, in the Mumbai spot market today, the price of castor rose by Rs 15 to Rs 200 per kg.
While the spot price of Mumbai castor rose by Rs. In the Mumbai market today, the price of cingulum oil was hitting Rs 150 and cottonseed oil was hitting Rs 150. On the Saurashtra side, there was news that the price of cingulum oil was Rs. 150 and 15 kg at Rs.
Meanwhile, in the Mumbai market today, soyoil was trading at Rs 115 for digam and Rs 15 for ref. There was news that the price of mustard was Rs.150 and that of ref. Coparel was priced at Rs 120 per 10 kg and rice bran at Rs 1150. In the Mumbai flour market today, the price of a ton of groundnut flour went up by Rs 800 to Rs 1,000. While soymeal prices were quoted at Rs 70 to Rs 100 higher. The others, however, were quiet.
Soybean arrivals so far in the new season have been 1.3 lakh tonnes in Madhya Pradesh in September, 18.50 lakh tonnes in October and about 2.50 lakh tonnes in November so far. According to market analysts, the total revenue so far in the new season has been around 4.5 lakh tonnes. Today in Madhya Pradesh it was 3 lakh times and the price there was Rs. 2000 to 200. Experts were pointing out that soybean oil exports from Argentina to India would increase.
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