Domestic-imported edible oils face recession: Palm oil Rs. Within 900

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Prices of various edible oils fell in the world market

New demand shock: Palm oil prices tipped to fall after significant drop in palm oil exports from Malaysia

Mumbai: There was a new demand in the Mumbai oil-seeds market today. Prices of various domestic and imported edible oils continued to fall. The news of Saurashtra and the world market showed softness. The price of imported palm oil in Mumbai spot market today is Rs. 900 were going inside. In the world market, the palm oil wire broke 125 to 130 points today in Malaysia, while the price of American soybean oil fell 106 points overnight, and today the price remained in the projection of 30 to 31 points minus.

At home, prices of washed cotton in Saurashtra fell further to Rs. 1050 to 1055 while the price of Saurashtra Single Oil was Rs. 1550 to 1600 and 15 kg Rs. 2550 remained. Meanwhile, the price of 10 kg of imported palm oil in the Mumbai spot market has collapsed to Rs.908. 895 were spoken. New trades were slow. Crude Palm Oil CPO Kandla prices fall by Rs. 820 remained. In the Mumbai market, the price of Singoil fell by Rs. 1600 and the price of cotton oil fell further to Rs. 1110 were spoken.

Mumbai Soya Oil prices fell to Rs. 1090 and refined Rs. 1170 remained. While sunflower prices fell to Rs. 1070 and refined Rs. 1190 were spoken. Mustard prices reduced to Rs. 1260 and refined Rs. 1290 remained. Spot price of Mumbai Diwali today is Rs. 5 was reduced while the Mumbai spot castor price was Rs. 25 were soft. Castor futures today traded higher by Rs. 50 to 55 were soft. The price per ton in Mumbai khol market, however castor khol Rs. 500 had increased while the price of soyabean per ton was Rs. 350 remained soft. However, other laps were quiet.

The total export of palm oil from Malaysia was reported to have decreased by 33 to 34 percent in the 25 days of this month. Soybean income today was 1 lakh 50 thousand times in Madhya Pradesh and 1 lakh 75 thousand times in Maharashtra. All India income was 3 lakh 95 thousand times. Today, the rupee income fell to around one and a half lakh bales across the country. The revenue of mustard was 35 thousand times in Rajasthan and 1.5 lakh bales in all India. The price in Radsthan is Rs. 6125 to 6150 remained. Soybean prices fell by 175 points and soybean prices by 210 points in overnight trade in American agricultural markets.


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