Soybean and soyoil prices rose in the world market
(Gujarat News Office) MUMBAI: New demand in the Mumbai oilseeds market was sluggish today. When the banks were closed, the markets were full of trades. Malaysia's palm oil markets were closed today. Prices were up in the US. After overnight strength there, soyoil prices were trading at 6 points plus in today's projection. In the Mumbai spot market, the price of 10 kg of cingulum oil was Rs 150 and cottonseed oil was Rs 1,200. Producers were quoted at Rs 1,200 for cingulum oil and Rs 20 for 15 kg, while cotton was priced at Rs 150 to Rs 15 per kg. In the Mumbai market, the price of imported palm oil was Rs 1,205 while crude palm oil CPO Kandla was priced at Rs 115 to Rs 1,150. In the futures market, CPO futures were quoted at Rs 1,117.50 and soyoil futures at Rs 19.50 this evening. Soybean futures, however, declined by Rs 20 to Rs 5. In the Mumbai spot market, soyoil prices were quoted at Rs 150 for digam and Rs 1,203 for ref. While the price of sunflower was Rs. 15 and Rs. ...