The major futures in the futures of various edible oils are the same as the stock market

Mumbai, Ta. 13 March 2020, Friday

The prices of various indigenous and imported edible oils were rising again in the Mumbai oil-seeds market today. About 8-7 tonnes were traded demanding today at the declining headquarters in Palmdale. World market news was also showing reduced support. In Malaysia, today's futures futures were finally closed at 5 points plus. However, there was a slow decline in delivery prices. In the meantime, there were reports of palm product prices jumping from $ 2.5 to $ 1.8.

After the Chicago soybean futures overnight fell 5 points in the United States, the projection prices were in the evening 5 to 5 points plus today. Domestic futures today witnessed a fluctuation in the futures market. Crude palm oil CPO futures prices today came into effect at a time when the recessionary circuit came into effect at a low of Rs.

However, after that, the price was still high at Rs. Similarly, Soyatel's April futures were trading below Rs.

Meanwhile, according to news received from Delhi this evening, the government received directives to reduce the tariff value used as a benchmark for import duty of various edible oils in the country. According to this change, the tariff value of domestic crude palm oil CPO has now been increased by four to four dollars, while the same to Palmolin's tariff value has been reduced to 4 dollars.

Meanwhile, there were reports that Soyatel's tariff value had been reduced from 3 to 5 dollars. This has led to a reduction in the effective import duty of these edible oils in the country. Such effective import duty on crude palm oil has been reduced by Rs 5 to Rs 5 per tonne while such effective import duty of Palmoline has been reduced by Rs 1 to 5 per tonne while such effective import duty of soybean has been reduced by Rs.

The government has reduced such tariff value recently due to falling prices in the world market, market analysts said. Meanwhile, in the spot market in Mumbai today, the price of palmetta was Rs 6 and Rs 6 for JNPT. Direct delivery businesses of various refineries have today grown to around 5-7 tonnes at Rs. Meanwhile, prices of crude palm oil CPO Kandla remained at Rs. While the prices of soyetail were Rs. 6 and Rs.

Sunflower prices in Mumbai market today stood at Rs 5 and Riff 1 Rs. While Mustard prices were trading at Rs 5 and Rs 5 for Coppell. Singtel prices went up from Rs 5 to Rs 5 per 5 kg. While the Rajkot side price was hiked from Rs 5 to Rs 5 and the price of 2 kg remained at Rs 5 to 5. There, the price of cotton washed from Rs. In the Mumbai market, the price of cottonseed oil was Rs.

Meanwhile, in the market today, the price of dewel was Rs 5 per kg, while the price of castor in Mumbai was Rs. Sunflower oil prices in Mumbai khola bazar remained at Rs 5 per tonne while others were quiet. Total imports of edible oils in the country were reported to decline by about 3-5% in November to February.

Groundnut arrivals today were reported at around 3 thousand times on the Gondal side and 3 thousand times on Rajkot side and the present prices of groundnut were around Rs 5 to Rs 6 per kg of groundnut. Meanwhile, New York Cotton futures overnight lost 5 points while Chicago soybean futures fell 5 points on the night. The soybean futures, however, showed a slow improvement.