Soy Oil
Soy oil prices at Mumbai markets are trading at Rs 628 per 10 kg. Going forward, these are expected to head lower. Hopes of an increase in import duty on edible oils amid positive global cues could lend support to prices in the near term.
Castor Seed
Castor seed prices are likely to rise on good demand amidst lower arrivals. Recently, prices have dropped sharply despite supporting fundamentals, due to GST (goods and services tax) confusion. Heavy rains were reported across the castor belts of Gujarat and Rajasthan. Early and timely rains could influence farmers to shift towards other
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