Soybean futures bounce bullish circuit: Castor futures also bounced
(Gujarat News Office) MUMBAI: New demand in the Mumbai oilseeds market was slow today. Prices, however, were high. The weather in the world market was mixed. In Malaysia, palm oil futures fell by 3 points, while soyoil prices in US agricultural markets were quoted 5 to 20 points higher in the projection this evening. In the futures market, meanwhile, soybean futures jumped 3% today, signaling a bullish circuit. Soybean futures were quoted at Rs 5 per quintal, up Rs 5 per quintal. The players were watching as it rained at the manufacturing facilities. Soyoil futures rose by Rs 5 per 10 kg today while crude palm oil CPON futures fell by Rs 5. Castor futures were quoted at Rs 20 per kg, up about 5 per cent today. Mumbai spot castor was up by Rs 20 to Rs 5 while Mumbai spot castor was up by Rs 10 per 10 kg. Meanwhile, in the Mumbai market today, the price of cingulum oil was Rs 150 at Rs 120 while cottonseed oil was at Rs 150 at Rs 15. On the Saurashtra side, the price of cingulum oil