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Possible short supply of sunflower oil amid the ongoing Russia-Ukraine has led the crude palm oil prices going through the roof.Escalated geo-political worries in the Black Sea region may have significant bearing on sunflower seed and the oil . ....
Cotton futures slip nearly 1% to Rs 21,060 per bale on higher stocks In the futures market, cotton for January delivery touched an intraday high of Rs 21,250 and an intraday low of Rs 21,000 per bale on the MCX. Mumbai / January 15, 2021 / 03:48 PM IST Cotton futures traded weaker at Rs 21,060 per bale on January 15 as participants trimmed their positions as seen from open interest. Cotton prices had dropped 0.5 percent January 14 to settle at Rs 21,260/bale on the MCX. “Despite positive cues from the international market, domestic cotton futures failed to sustain above Rs 21,300 levels as Cotton Association of India (CAI) revising higher domestic cotton carry forward stock for this season and limited buying from local millers have kept Cotton prices under check,” said Mohit Vyas, Analyst at Kotak Securities. ....