Persistent decline in prices behind Saurashtra in Singtel
Rapid decline in cotton and soybean prices in the world market (Gujarat News Office) MUMBAI: Cingulum oil prices plunged in the Mumbai oilseeds market today. There was news of falling prices at manufacturing facilities. At present, the spot price of cingulum oil in the Mumbai market was Rs 150 per 10 kg, while today it was Rs 15 per kg and Rs 20 per 15 kg. Cotton washed prices were hovering between Rs 150 and Rs 150 at the outlets, while cottonseed oil was quoted at Rs 150 in the Mumbai market. Meanwhile, the prices of imported palm oil in the Mumbai market ranged from Rs 1,215 to Rs 12 for various deliveries, while crude palm oil CPO Kandla was priced at Rs 1,150 to Rs 1,170. In the futures market, CPO futures were at Rs 113.10 and soyoil futures at Rs 151 over the weekend. Soybean futures were last traded at Rs 50. Palm oil had new trade wings today. Palm oil prices are likely to remain in the range of Rs 1,200 to Rs 1,305 in the coming week and Rs 15 to Rs 150 in the coming week...