Trade of 1500 tons in palm oil: Edible oils surged in the world market

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(Gujarat News Office) MUMBAI: Imported palm oil traded at around Rs 115 to Rs 115 per 10 kg in the Mumbai Oilseeds market today, prompting refineries to raise prices by Rs 1,200 to Rs 1,205. About a thousand tonnes of palm oil was traded at Rs 115 on Tuesday. Today the price was quoted at Rs.

Crude palm oil CPO Kandla was priced at Rs 1,150. Cingulum oil was quoted at Rs 120 for Rs 150 while cottonseed oil was quoted at Rs 150. On the Saurashtra side, there was news that the price of cotton washed was Rs.

In the US, soyoil prices were in the projection of 4 to 5 points this evening. In the Mumbai spot market, soyoil was priced at Rs 1,150 for digam and Rs 15 for refined, while sunflower was priced at Rs 1,205 and Rs 150 for ref, while mustard was priced at Rs 120 and Rs 150 for ref.

In Malaysia, meanwhile, palm oil futures fell by 108 points today. While the price of sunflower was indicated to be from Rs. 1905 to 1910.

Soybean revenue today was 3 lakh times in Madhya Pradesh, 6 lakh 50 thousand times in Maharashtra and 2 lakh 50 thousand times in All India. Prices for various deliveries at Navi Mumbai port ranged from Rs 1,150 to Rs 1,210 for sunflower and Rs 1,150 for soyoil. Prices of sunflower were quoted at Rs 1,200 to Rs 120 in Chennai.

In the US agricultural markets, cotton prices rose 5 points in overnight trade, while soymeal prices were 5 points softer and soyoil prices were up 3 points higher overnight. Palm oil production in Malaysia was reported to have declined by about 3 to 4 per cent from November 1 to 12.

Total palm oil exports from Malaysia were expected to increase by about 3 to 4 per cent from November 1 to 12. In the Mumbai flour market today, the price of a ton of groundnut was Rs. 31,000, while the price of cottonseed meal was Rs.

Mumbai spot castor price was quoted at Rs.500 per kg while spot castor oil was quoted at Rs.1200 to Rs.150 per 10 kg variety. Castor futures were up by Rs 5 to Rs 60 this evening, while soybean futures were up by 5 per cent. CPO futures were trading at Rs 5 higher.

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