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:   
|
|
|

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 ...

Quick Links

 

Market News

Is the market's bull run sustainable?

If earnings do not perform as expected, and confidence in the new government collapses, a sharp correction might be on the cards

Ministry asks Sebi to explain stricter governance norms

While most of Sebi's new norms are aligned to changes in Companies Act, they are more stringent in certain areas

Auto stocks find favour with fund managers

Automobile sector accounts for the third-highest equity mutual fund contributions

Network18 in consolidation mode

Losses have come down but it might take a couple of quarters before revenues stabilise, given the senior management exits at corporate and ...

The growth outlook in India is dependent on pace of reforms: Amar Gill

Interview with Head of Asian research, CLSA

Back to Top