The Solvent Extractors' Association has advised its members to reduce the maximum retail price on consumer packs of edible oils, in line with the reduction in import duty, it said in a release. The Union Cabinet approved an increase in the minimum support price of ball copra by 400 rupees to 11,000 rupees per 100 kg in 2022, according to an official release. The minimum support price of milling copra has been increased by 255 rupees to 10,590 rupees per 100 kg. BSE inks MoU with Nashik Sarafa body for commodity derivatives mkt. The company has signed a memorandum of understanding with the Nashik Sarafa Association to develop the commodities derivatives market in India.
Source:moneycontrol.com