Soybean revenue declines amid unfavorable weather: bullish circuit in futures
(Gujarat News Office) MUMBAI: Prices of various domestic and imported edible oils rose in the spot and futures markets. Demand was also rising. Today, 100 to 150 tonnes of imported palm oil traded at Rs 115 to 115 per 10 kg. Malaysia's palm oil markets were closed today, while soybean oil prices in the US were projected to be 4 to 5 points higher in the projection this evening. In the Mumbai spot market today, the price of 10 kg of imported palm oil rose by Rs 115 while crude palm oil CPO Kandla rose by Rs 1112. In the futures market, CPO prices rose by Rs 15 to Rs 12 and soyoil futures by Rs 15 to Rs 20 this evening. Soybean futures jumped 4%. Castor futures were raised by Rs 20 to Rs 5. In the Mumbai spot market today, the price of cingulum oil was Rs 120 while cottonseed oil was up by Rs 150. On the Saurashtra side, the price of cotton washed rose from Rs 115 to Rs 1,150 per kg, while the price of cingulum oil was Rs 12 and Rs 15,050 per 15 kg. In the Mumbai market, the spot...