Posts

Showing posts with the label Peanut oil prices rise again: Castor and castor oil prices rise

Peanut oil prices rise again: Castor and castor oil prices rise

Image
(Gujarat News Office) MUMBAI: In the Mumbai oilseeds market, cingulum oil prices rose again today on the back of stagnation while cottonseed oil continued to decline. Meanwhile, prices of imported edible oils were higher today. The futures market was also bullish. Castor and castor markets saw a slowdown today. Castor futures were quoted at Rs 5, up Rs 105 from Kiev. While the spot castor price in the Mumbai market today was quoted at Rs 6, a jump of Rs. The price of castor oil present in Mumbai jumped by Rs. 5 per 10 kg and was quoted at Rs. Meanwhile, cingulum oil prices rose by Rs 10 per kg to Rs 15. While cottonseed oil prices fell to Rs 150. On the Saurashtra side, the price of cingulum oil rose to Rs 1,200 and Rs 15 per 15 kg. There were indications that the price of cotton washed was down to Rs 150. In the global market, palm oil futures in Malaysia rose 30 points today, while soyoil prices in the US this evening were projected to be 20 to 31 points higher. Palm oil prices r