Decline in Diwal, spot castor and futures market

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MUMBAI: Edible oil prices in the Mumbai oilseeds market today continued to fluctuate between unilateral fluctuations. There was a new demand. Barely 40 to 50 tonnes of imported palm oil was traded at Rs.935 per 10 kg. Singoil and cotton washed prices were calm in Saurashtra markets today. In the world market, Malaysia palm oil futures increased by 23 points today, while US soybean oil prices were 70 points lower in the projection today after the overnight increase of 27 points.

In the present market of Mumbai, the price of 10 kg of imported palm oil was Rs.935. While crude palm oil CPO kandla prices were being quoted at Rs.855. The price of Saurashtra single oil was Rs.1550 and Rs.2470 for 15 kg and the price of washed cotton was Rs.1160 to 1170.

In the Mumbai market, the price of single oil was Rs.1570 and that of cottonseed oil was Rs.1225. However, the prices of soybean oil increased to Rs.1155 for digum and Rs.1225 for refined. The price of refined sunflower was Rs.1320 and the price of mustard was Rs.1370 and refined was Rs.1400.

Meanwhile, in Mumbai, the prices of diwali diwali fell by Rs.9 per 10 kg today while the prices of castor oil fell by Rs.45 per kg. In the castor futures market today, the price was trading Rs.55 to Rs.60 lower. In the Mumbai khol market, the price of single khol broke Rs.2000 per tonne while the price of soyabean remained at Rs.300 plus per tonne. However, other laps were quiet.

Various delivery prices at Mundra-Hazira were Rs.930 to 945 for imported palm oil and Rs.990 for Super, Rs.1240 to 1255 for soybean oil and Rs.1370 to 1385 for sunflower. Various prices were being discussed for delivery from 25 to 28 December. Meanwhile, soybean income today was 250,000 times higher in Madhya Pradesh and 150,000 times higher in Maharashtra. In Madhya-Pradesh the price was Rs.5300 to Rs.5500.

Mustard income today was 90 thousand times in Rajasthan and all India income was 2 lakh 75 thousand times. In Rajasthan, prices were being discussed at Rs.6625 to Rs.6650. Soyatel digum price at Navi Mumbai port was Rs.1210.

Meanwhile, soybean prices were down 85 to 90 points and soybean prices were down 45 to 50 points in overnight trade in the US agricultural markets. Meanwhile, according to various cargo survey reports, the total export of palm oil from Malaysia has decreased by 4 to 9 percent in 15 days, market insiders said.

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