Reduction in effective import duty on various imported edible oils
(Gujarat News Office) MUMBAI: The Mumbai Oilseeds Market had new trading wings today. The market mourned the passing of a well-known trader. Market prices remained sluggish. The futures market was open in the evening and initially crude palm oil CPO and soyoil futures prices remained soft. Palm oil was down in Malaysia. In the United States, too, soybean oil prices fell 5 to 20 points in the projection this evening. In the Mumbai spot market, the price of 10 kg of cingulum oil is Rs.150, cottonseed oil is Rs.150, palm oil is Rs.1305, soyoil digam is Rs.115 to Rs.1200 and ref is Rs.15, sunflower is Rs.1210 and rifa is Rs.1050, mustard is Rs.150. 120 and Rs. 150 for ref. Crude Palm Oil CPO Kandla prices were Rs. Castor prices were present and castor was present. In the Mumbai flour market, the price of a tonne of soymeal has gone up by Rs 50 to Rs 200 today while other flours were quiet. In the Mumbai market, Coparel was priced at Rs 120 and Rice Bran at Rs 150. Meanwhile, on the Saur