Crude palm oil rises on increased demand
06/06/2014 14:37
The prices of crude palm oil rose in the domestic commodity market after traders and speculators created fresh positions in the agri commodity as demand rose at the spot market. The sentiment improved further after the demand of the commodity exceeded the supplies. At the MCX, Crude Palm Oil future for June 2014 contract traded at Rs. 509.70 per 10 kg, up by 0.41 per cent after opening at Rs. 507 against the previous close of Rs. 507.60. It touched the intra-day high of Rs. 511.60 till the trading. (At 02.39 PM today)
06/06/2014 14:37
The prices of crude palm oil rose in the domestic commodity market after traders and speculators created fresh positions in the agri commodity as demand rose at the spot market. The sentiment improved further after the demand of the commodity exceeded the supplies. At the MCX, Crude Palm Oil future for June 2014 contract traded at Rs. 509.70 per 10 kg, up by 0.41 per cent after opening at Rs. 507 against the previous close of Rs. 507.60. It touched the intra-day high of Rs. 511.60 till the trading. (At 02.39 PM today)