Market and Business News

(Gujarat News Office) MUMBAI: Prices of various domestic and imported edible oils remained sluggish in the Mumbai oilseeds market today. The new demand was winged. The government is currently eyeing the edible oil market to keep prices reasonable before the festivals. This question has been called meetings on Wednesdays. Amid fears of storm surges, the market has also seen a surge. Meanwhile, in the Mumbai spot market, the price of 10 kg of cingulum oil fell by Rs 150 today while that of cottonseed oil fell by Rs 150. On the Saurashtra side, the price of cingulum oil fell by Rs 1,200 and Rs 30-40 per 15 kg, while the price of cotton washed fell by Rs 150 today. Imported palm oil was quoted at Rs 1,200 in the Mumbai market. The new demand was winged. Crude palm oil CPO Kandla was priced at Rs 115. Meanwhile, in the futures market this evening, the price of soybean oil futures were trading at Rs 1112.50 while the price was down by Rs 19.50 to Rs 19.00. However, in the US agricultural ...

MUMBAI: Singtel and cottonseed oil prices continued to decline in the Mumbai oilseeds market today. Imported palm oil prices also fell. In the air market where the government will reduce import duty, the price of 10 kg of cingulum oil fell to Rs 15 today. While cottonseed oil prices fell to Rs 150. Manufacturers had quoted a reduced price of Rs 15 to Rs 1,200 for cotton washed. After a long time in cotton washed, Rs. New arrivals were on the lookout. Peanut oil prices were quoted at Rs 15 per kg and Rs 20 per 15 kg at manufacturing plants today. Meanwhile, the price of mustard oil in the Mumbai market has stopped rising and today it was at Rs 150 amid a rebound. Meanwhile, imported edible oils were quoted at Rs 15 per ounce today. Today, 150 to 200 tonnes were traded at Rs 15 to Rs 150. Crude palm oil CPO Kandla was down by Rs 1,150 today, while CPO futures fell by Rs 15 to Rs 1,150 in the evening and soyoil futures by Rs 15 to Rs 15, sources in the futures market said. Soybean futu...