Continued decline in imported edible oils
(Gujarat News Office) MUMBAI: Prices of various domestic and imported edible oils fell in the spot and futures market today in the Mumbai oilseeds market while domestic edible oils remained calm. In the Mumbai spot market, the price of 10 kg of imported palm oil fell by Rs 115 while the price of crude palm oil CPO Kandla fell by Rs 1,100. In the futures market, CPO prices fell by Rs 10.50 and soyoil futures by Rs 2.50. Soybean futures fell by Rs 150 to Rs 12 per kg. However, there were indications that castor futures had risen by Rs 150 to Rs 15 today. In the Mumbai spot market today, soyoil prices fell from Rs 1,150 to Rs 115 for digam and Rs 113 for ref. The price of sunflower was reduced to Rs. 1150 and Rs. In Rajasthan, mustard cultivation has so far increased to 2.5 lakh hectares. During the same period last year, the area under cultivation was 2.08 lakh hectares. Experts were pointing out that the total annual planting of mustard this year is likely to touch 4 lakh hectares as...