mandi bhav of india

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CPO at Kandla rose

the shortage of CPO was seen in Malaysia and Indonesia along with the rally in soya oil futures in KLCE and Chicago, due to which its price jumped by $ 30 to $ 830 per tonne there. Consequently, CPO at Kandla rose from Rs 5850 to Rs 6000 per qtl. Apart from this, the arrivals of soybean and mustard too reduced and its prices too were on the uptrend in international market. As a result, mustard with 42% conditioned increased from Rs 4825/4830 to Rs 4925 per qtl for Jaipur reach, but later it showed a little correction due to profit taking. Similarly, soybean prices also registered a gain of Rs 50/75 per qtl in Datia, Sujalpur, Jalgaon, Ratlam, Neemuch and Kota line. Soya refined at Kandla went up by Rs 50 to Rs 9350 per qtl and here it rose from Rs 9900 to Rs 10000 per qtl.In said period, mustard oil too increased from Rs 9850 to Rs 10100 per qtl, but later it lost Rs 100 per qtl due to selling pressure. Mustard oil in Kota line also showed the same trend for Jaipur reach. The prices of sunflower, cottonseed and rice bran oils closed higher. Contrary to this, cottonseed meal declined by Rs 100 to Rs 2400/2550 per qtl on reports of increased sown area by about 20% compared to last year’s. Other meals with oil and without oil remained unchanged