Edible oil prices rise again in world markets as crude rises
(Gujarat News Office) MUMBAI: Singtel prices fell sharply in the Mumbai oilseeds market today. New sell-offs were halted on the back of a drop in imported edible oils amid signs of a resurgence in global edible oil prices as crude oil rebounds in world markets. However, new demand was also slow. In Malaysia, palm oil futures rose 19 points today, while soyoil prices in the US were in the projection of 4-5 points this evening. At home, there was talk in the market today that Cotton Corporation had reduced the base price of cotton by Rs 200 per cane. In the Mumbai spot market, the price of 10 kg of cingulum oil was Rs 150 today. The price of cottonseed oil was Rs. On the Saurashtra side, the price of cingulum oil rose again to Rs. While the price of cotton washed was Rs. In the Mumbai market, imported palm oil was priced at Rs 115 to Rs 1,150 while crude palm oil CPO Kandla was priced at Rs 1,115. In the futures market, CPO prices rose by Rs 2.50 and soyoil futures by Rs 2.50. Soybean...