Sunday , November 24 2024

Edible oil prices increased in the world market

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Mumbai: Prices of various edible oils remained broadly soft in the Mumbai oilseeds market today. New trades were absent. In Saurashtra, there were indications that prices would remain stable. In the global market, palm oil futures in Malaysia rose by 21 to 25 points while the price of palm products there rose by two and a half dollars.

In overnight trade in the US agricultural markets, soybean prices rose by 12 points and soybean oil prices rose by 24 points. While soybean prices remained soft by 19 points. In the Mumbai spot market today, the price of Dival fell by Rs 7 per 10 kg and the price of castor spot fell by Rs 35 per kg.

In Mumbai Shell market, castor bean prices were up by Rs 50 per tonne, while soybean oil prices rose by Rs 300 per tonne, while lion's mane prices were trading at Rs 500 per tonne. Other laps were calm. Mumbai imported palm oil price was at Rs 908 to Rs 910 and crude palm oil CPO Kandla price was at Rs 858 to Rs 960.

Soybean income increased 85 thousand times in Madhya Pradesh and 85 thousand times in Maharashtra. Today, palm oil prices fell in China while soybean oil prices increased. Today, mustard-sarsav revenue in Rajasthan was 1 lakh 75 thousand times and all India income was 3 lakh 25 thousand times. Prices in Rajasthan were 6100 to 6125 rupees.