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Soybean sell-off: Futures bullish circuit works again

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(Gujarat News Office) MUMBAI: New demand in the Mumbai oilseeds market was slow today. Prices remained sluggish. However, in the futures market, soybean futures rebounded by 3% at one point today and the bullish circuit was enforced again. There was news that soybean growers were hesitant to sell to farmers. In the Mumbai spot market, the price of cingulum oil is Rs.150, cottonseed oil is Rs.150, mustard is Rs.1210 and ref. CPO Kandla was priced at Rs. On the Saurashtra side, prices of cingulum oil fell from Rs 1,200 to Rs 15 per kg, Rs 1,100 per 15 kg and Rs 1,610 per kg of washed cotton. In the evening trade, CPO prices were at Rs 1,150 and soyoil futures at Rs 19.50. In Malaysia, meanwhile, palm oil futures were at a 6-point pulse today, while palm product prices were down ડો 10. There was news that palm oil futures bounced back from a high of 8 to 20 points at one point today. At home today, the price of palm oil in various deliveries at Mundra-Hazira was Rs. Soybean income in...

Soybean sell-off: Futures bullish circuit works again

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(Gujarat News Office) MUMBAI: New demand in the Mumbai oilseeds market was slow today. Prices remained sluggish. However, in the futures market, soybean futures rebounded by 3% at one point today and the bullish circuit was enforced again. There was news that soybean growers were hesitant to sell to farmers. In the Mumbai spot market, the price of cingulum oil is Rs.150, cottonseed oil is Rs.150, mustard is Rs.1210 and ref. CPO Kandla was priced at Rs. On the Saurashtra side, prices of cingulum oil fell from Rs 1,200 to Rs 15 per kg, Rs 1,100 per 15 kg and Rs 1,610 per kg of washed cotton. In the evening trade, CPO was at Rs 1,150 and soyoil futures at Rs 19.50. In Malaysia, meanwhile, palm oil futures were at a 9-point pulse today, while palm product prices were down ડો 10. There was news that palm oil futures bounced back from a high of 8 to 20 points at one point today. At home today, the price of palm oil in various deliveries at Mundra-Hazira was Rs. Soybean income in Madhya ...