Sh Suresh Nagpal highlighted MustardOil Problems with FSSAI-say:MustardOil sampling method very faulty so Mills turns victims in hands of Govt Officials-Special Funds needed for Research to hike Mustard yield-ImportedOils must Trade over MustardOil to boost farmers Confidence for sowing
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Babulal Data, President:COOIT say–Mustard needs Govt big attention as it has potencial to lower dependence on Import-Soy PalmOils very cheap so hard to crush season Mustard prdn-MustardOil since long victim of Govt policies so Farmers/Trade/Mills suffers most-LY Mustard Tops in Meal Export
VEGOILS PORT STOCK
Lead Name in SunOil Sh Vivek Pathak say–Stay away from Soy SunOil for mth-makes Shorts if Holds positions-Kandla likly Soy $1100/SunOil $1050-advise to short on Soy crossing $1070-No sense of Long in KLC/don’t make position-enter Only when KLC break 4000RM-advise to sell in 4250/4400 RM
Malaysia Palm:Apr 975$-10May 965Mj 960-5Jas 900+0
Malaysia PalmOil Fob Prices @ Close
Market CloseBmd : Jun 4240 (+20)H 4300 / L 4221Vol : 80,323 OlnApr 975 (pk) vsMay 965 vs 957.5Mj 960 vsJas 900 vs 895Ond 877.5 vs 870Jfm 880 vs Rbdpo: -5 Strn: Apr 960 (deld)Pfad: Apr 815 (deld) Local Cpo: Mar 4370 Laurics: Apr 305 (pk) / 305 (pg)Rbdpko: Apr 1180Rbdpkoln: Apr 1120Rbdpks : Apr …
Sh Atul Chaturvedi/Past President SEA says-Mustard Prdn growth remarkable Progress-India Mustard crop shoots to 125 Lt vs few yrs ago 75 LacTon-Mustard sowing hits 100 LacHec-but warns India has little scope of Area Expansion so focus shud be Yield for Premanant growth in Mustard Prdn
BV Mehta/Solvent Assn say–Model Farms ideal method to enhance Mustard yield thru Scientific farming-Govt shud allot a portion of Custom Revenue to arrange Funds for Oilseeds Development-Govt promoting Palm Prdn/special attention for Palm Plantation-Local Oilseeds too shud given same Focus
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