Palm oil likely to go higher in Malaysia
(Gujarat News Office) MUMBAI: Prices of various domestic and imported edible oils were fluctuating in the Mumbai Oilseeds market today. New demand was sporadic. In imported palm oil, however, there were indications that various refineries today increased the price from Rs 150 to Rs 12 per 10 kg. However, prices remained low in hawala-resale. Hawala: In resale today, there were sporadic trades between Rs 1,310 and Rs 1,415, while the new trades of direct delivery refineries were not special. Meanwhile, in the Mumbai spot market, the price of 10 kg of cingulum oil remained flat today at Rs 150. While cottonseed oil prices were hovering around Rs 150. However, there was news that the price of cotton washed was Rs 150 from Rs 150 to Rs. Singtel prices were quoted at Rs 1,200 and 15 kg at Rs 30-50. In the Mumbai market, soyoil was trading at Rs 150 for digam and Rs 150 for refined oil. Sunflower was priced at Rs 1,200 and refined at Rs 150. Mustard was priced at Rs 150 with Rs 150 while ...