Prices of various edible oils rose in the world market


(Gujarat News Office) MUMBAI: Prices of various imported edible oils rose in the Mumbai oilseeds market today on the back of global markets. Palm oil prices rose to Rs 1,200 per 10 kg. Palm oil futures in Malaysia jumped 100 points, while soyoil prices in the US were projected to be 20 to 21 points higher in the projection this evening. Meanwhile, in the Mumbai spot market today, the price of 10 kg of palm oil jumped from Rs 115 to Rs 1,205. The new demand was wings though.

Crude palm oil CPO Kandla was up by Rs 115, while CPO futures were up by Rs 2.50 to Rs 114.50 this evening, while soyoil futures were marginally higher at Rs 19.50. In the evening, soybean futures fell by Rs 5 to Rs 6,050 in Kiev while castor futures fell by Rs 4 to Rs 50.

In Mumbai today, the price of castor has gone up by Rs 20 to Rs 70, while the price of castor has gone up by Rs 10 per 10 kg and was quoted at Rs 1,210 to Rs 150 per variety. In the Mumbai spot market today, the price of cingulum oil was hitting Rs 150 and cottonseed oil was hitting Rs 150. While Saurashtra bajubhav was indicating that the price of cingulum oil was Rs.12 and 15 kg at Rs.

In the Mumbai market, the spot price of soybean oil rose by Rs 115 for digam, while refined rose to Rs 19, while the price of sunflower rose to Rs 1,215 and Rs 1,205 for ref. Mustard was priced at Rs.

In the Mumbai flour market, the price of a ton of groundnut flour fell by Rs 1,000 today. While cottonseed meal prices remained soft at Rs 200. However, the price of soymeal today increased from Rs. 200 to Rs. 300 per tonne and crossed Rs. Prices of sunflower meal increased by Rs.

Meanwhile, overseas indications were raised that Malaysia's duty on CPO exports had been increased from ૮૭ 3.05 per tonne to ૯૮ 2.01 per tonne for December. At Mundra-Hazira, various delivery prices of palm oil ranged from Rs 1,200 to Rs 1,610 while soyoil prices ranged from Rs 150 to Rs 15, while sunflower prices ranged from Rs 1,305 to Rs 1,610.

Soybean income in Madhya Pradesh today was 3 lakh 40 thousand times and there were indications that the present price was Rs. 500 to 2100. All India revenue was 3 lakh 50 thousand times. In the US overnight trade, soymeal prices rose 3 points, while soyoil rose 3 points. Soybean prices rose 3 points overnight. While cotton prices were up 17 points.

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