Soymeal prices jumped to over Rs 52,000 per tonne
(Gujarat News Office) MUMBAI: New operations in the Mumbai oilseeds market were slow today. The weather was mixed amid two-way fluctuations in prices. Peanut oil was priced at Rs 120 per 10 kg and cottonseed oil at Rs 15 per kg. On the Saurashtra side, however, the price of cingulum oil, however, rose to Rs 150 to Rs 120 and the price of 15 kg was quoted at Rs 4,150. The price of cotton washed was Rs. Meanwhile, with soyoil prices falling 101 points in the US, the market was keeping a close eye on how palm oil prices opened in Malaysia on Monday.
In the Mumbai spot market today, the price of imported palm oil was Rs 1,405 while the price of crude palm oyster CPO Kandla was Rs 115. CPO futures were last quoted at Rs 115 and soyoil futures at Rs 19.50. In the Mumbai spot market, the prices of soybean oil were Rs 1,200 to Rs 1,305 for digam, Rs 15 for refinement and Rs 1,315 for sunflower and Rs 1,310 for refinement. The price of mustard increased to Rs. 1210 and Rs.
Meanwhile, palm oil exports from Malaysia increased by 3 to 4 per cent in the first 30 days of November, according to MSPEC sources. While ITS figures show such export growth of 15 to 18 per cent. At Mundra-Hazira today, various delivery prices of palm oil were Rs. While the price of soyoil was quoted at Rs.
Prices of various deliveries at Navi Mumbai port ranged from Rs 1,610 to Rs 120 for sunflower while prices of soyoil were Rs 1,210 for various deliveries. In Chennai, prices ranged from Rs 150 to Rs 150 for various deliveries of sunflower. Meanwhile, soybean prices fell 20 points in overnight trade in US agricultural markets. While soymeal increased by 12 points. Soyoil prices fell by 101 points. On the other hand, cotton prices rose by 12 points.
In the Mumbai spot market today, the price of castor oil increased by Rs. 5 per 10 kg and the variety price was Rs. In the Mumbai flour market, the price of soymeal jumped from Rs. 300 to Rs. The others, however, were quiet.
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