Business Standard

Crude palm oil up 0.48% on spot demand

It gained 1.2% to $795 a tonne on the Malaysia Derivatives Exchange

Related News

rose by 0.76% to Rs 421.20 per 10 kg in futures trade today on pick-up in spot markets demand amid firm global trend.

At the Multi Commodity Exchange, the January contract rose by Rs 3.20, or 0.76%, to Rs 421.20 per 10 kg with a trading volume of 397 lots. Likewise, the oil for delivery in December rose by Rs 2.60, or 0.63 per cent, to Rs 411 per 10 kg, with a business volume of 242 lots.

Analysts said apart from a firming trend overseas, pick- up in the spot demand mainly helped crude palm oil futures prices.

Meanwhile, palm oil gained 1.2% to $795 a tonne on the Malaysia Derivatives Exchange.

Read more on:   
|
|
|

Crude palm oil up 0.48% on spot demand

It gained 1.2% to $795 a tonne on the Malaysia Derivatives Exchange

Crude palm oil rose by 0.76% to Rs 421.20 per 10 kg in futures trade today on pick-up in spot markets demand amid firm global trend.

Crude palm oil rose by 0.76% to Rs 421.20 per 10 kg in futures trade today on pick-up in spot markets demand amid firm global trend.

At the Multi Commodity Exchange, the January contract rose by Rs 3.20, or 0.76%, to Rs 421.20 per 10 kg with a trading volume of 397 lots. Likewise, the oil for delivery in December rose by Rs 2.60, or 0.63 per cent, to Rs 411 per 10 kg, with a business volume of 242 lots.

Analysts said apart from a firming trend overseas, pick- up in the spot demand mainly helped crude palm oil futures prices.

Meanwhile, palm oil gained 1.2% to $795 a tonne on the Malaysia Derivatives Exchange.

image

Read More

Cement prices fall again in Andhra

Cement prices in Andhra Pradesh have once again fallen steeply -- by as much as Rs 40 per bag -- in recent weeks impacting the prices in the ...

Recommended for you

Advertisements

Quick Links

Market News

Sebi looking into concerns over commission cap in MF industry

AMFI's decision to implement cap on upfront commission from April has created a rift among large mutual fund houses and small players

Nearly 400 listed cos yet to appoint women directors

More companies expected to appoint women directors before April 1 deadline

Top 10 companies shed over Rs 1 lakh cr in m-cap

TCS top loser whose market capitalisation saw an erosion of Rs 18,304 cr

Foreign fund inflows hit $13 bn

Analysts expect the inflows to accelerate further in view of Parliament clearing bills related to insurance, coal allocation and mining

Commexes' turnover drops 41% till March 15 of FY15

Their business stood at Rs 98.57 lakh cr in same period of corresponding year

 

Back to Top