Further decline in various edible oils
Cotton prices in the US fell to a six-week low (Gujarat News Office) MUMBAI: Prices of various domestic and imported edible oils declined in the Mumbai Oilseeds market today. The new demand was wing. The weather in the world market, however, was mixed. Palm oil futures in Malaysia were up 3 points today. In the US, soyoil prices were projected to be in the range of 4 to 5 points in the projection this evening. Meanwhile, in the Mumbai spot market, the price of 10 kg of groundnut oil fell by Rs 1,310 and cottonseed oil by Rs 150. When On the Saurashtra side, there was news that the price of cingulum oil was Rs. 150 and Rs. In Mumbai, imported palm oil was priced at Rs 1,150 while crude palm oil CPO Kandla was down at Rs 1,105. In the futures market, CPO prices were quiet at Rs 1,109.50 in the evening. Soyoil futures were trading higher at Rs 2.50. Meanwhile, soybean futures rose by Rs 150 to Rs 15 per kg this evening. While castor futures were at Rs 50 plus. Mumbai-based castor oil...