Decline in peanut oil and cottonseed oil behind Saurashtra

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(Gujarat News Office) MUMBAI: Peanut oil and cottonseed oil prices fell in the Mumbai Oilseeds market today. Producers were showing news of sales. Meanwhile, palm oil futures in Malaysia rose 3 points in world markets today. Soybean oil prices in the US agricultural markets were projected to be 4 to 5 points higher in the projection this evening.

In the Mumbai spot market today, the price of 10 kg of cingulum oil fell by Rs 15 while that of cottonseed oil fell by Rs 150. On the other hand, on the Saurashtra side, there was news that the price of cotton washed was reduced to Rs. In the Mumbai market, imported palm oil was quiet at Rs 1,200 today, while crude palm oil CPO Kandla was down at Rs 1,150. Palm oil had a new lease of life.

In the futures market, CPO futures fell by Rs 2.50 this evening while soyoil futures rose by Rs 2.00. Soybean futures rose by Rs. While castor futures fell by Rs. Mumbai spot castor prices fell by Rs 3 while spot castor oil prices fell by Rs 5 per 10 kg.

In the Mumbai flour market, the price of a tonne of cottonseed meal has gone up by Rs. The players were stunned when the price of soymeal which had gone up to Rs. Castor meal prices remained soft at Rs 100 per tonne.

Meanwhile, in the Mumbai spot market today, soyoil prices were at Rs 1,200 for digam and Rs 150 for ref. While the price of sunflower was Rs. Mustard was priced at Rs 150 while ref. Was priced at Rs 150. At Mundra-Hazira, various delivery prices of soyoil ranged from Rs 150 to Rs 150.

Soybean income was 3 lakh times in Madhya Pradesh today and All India income was 3 lakh 50 thousand times. Prices in Madhya Pradesh ranged from Rs 2,100 to Rs 200. At the Navi Mumbai port, the price of sunflower for various deliveries ranged from Rs 150 to Rs 150 while that of soyoil was Rs 150.


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