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

-


(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.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more