Saurashtra falls behind in Singtel

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MUMBAI: Singoil prices in the Mumbai oilseeds market today remained on the decline behind Saurashtra. Cottonseed oil was calming. Imported edible oils continued to fluctuate narrowly. The market informants said that import demand and market price of imported palm oil have come to the same level around Rs.975 per 10 kg.

Meanwhile, in the Mumbai spot market today, the price of 10 kg single oil fell to Rs.1520. While cotton oil prices were calm at Rs.1300. In Saurashtra, single oil prices fell to Rs.1480 to 1490 and 15 kg to Rs.2370, while cotton washed prices remained calm around Rs.1230 to 1235.

Meanwhile, the area of ​​mustard cultivation in the country has increased to nearly 70 lakh 90 thousand hectares in the period till now under rabi cultivation which was close to 62 lakh hectares in this period last year. Mustard cultivation has increased by about 14 to 15 percent during this period this year. Meanwhile, the price of mustard oil was quoted at Rs.1440 and refined at Rs.1470 in the Mumbai market today.

The price of imported palm oil in the Mumbai market was Rs.975 per 10 kg. New trades were born. Crude palm oil CPO kandla prices stood at Rs.875 against Rs.885. The prices of Mumbai soybean oil were Rs.1310 for digum and Rs.1330 to 1335 for refined. Refined sunflower prices were Rs.1440. Mumbai diwali prices fell by Rs.4 per quintal while spot castor prices remained soft by Rs.20 per quintal.

Castor oil fell by Rs 50 per tonne in the Mumbai khol market today, while the prices of castor oil and soybean oil fell by Rs 1,000.

However, the price of sunflower seeds increased by Rs.1000 per ton. Other laps were quiet. In the world market, there were indications that the price of American soybean oil would drop by 35 to 40 points overnight. A negative impact on the global edible oil prices has been seen due to the decline in crude oil in the world market.

Today, the income of mustard in the country has increased by one lakh times in Rajasthan while all India has increased by 2 lakhs and 50 thousand times. Prices in Rajasthan were Rs.6850 to Rs.6875. In overnight trade in the US agricultural markets, soybean prices saw a slow improvement while soybean meal prices saw a slow decline.


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