Close

LOGIN

Forgot password?
Remember me
Sign In
Not a member?

Register now

or
Connect using:
Why BS?

We encourage visitors to register on Business Standard. Registering on the site is absolutely Free and offers you the following benefits.

Free Daily E-newsletter

Breaking News Alerts in your Inbox

Post Comments and Share your Feedback

Your Personal Business Standard Page

Free Portfolio of Stocks, Equity and Commodities Derivatives

Access Premium Services

Receive Selective Offers from our Third Party Premium Advertisers

Get Invited to Business Standard Events

Close

FORGOT PASSWORD?

Send
Not a member?

Register now

Markets » Commodities » Food & Edible Oils
Press Trust of India  |  New Delhi  May 21, 2012 Last Updated at 12:23 IST

Palm oil up 0.7% on global cues

Speculators take fresh positions as commodity rises 1% in Malaysia

Add to My Page
Read more on:    Palm oil | MCX
Related News

Tracking a firming global trend, crude Palm oil futures prices traded higher by Rs 3.90 to Rs 574.10 per 10 kg today as speculators created fresh positions.

At the MCX, crude palm oil for delivery in June added Rs 3.90, or 0.68%, to Rs 574.10 per 10 kg in business turnover of 195 lots.

The May contract gained Rs 3.80, or 0.67%, to Rs 570.80 per 10 kg in 51 lots.

Market analysts said fresh buying by speculators in tandem with a firming global trend, mainly led to rise in crude palm oil prices at futures market.

Meanwhile, palm oil for August delivery gained 1.2% to $1,001 a tonne on the Malaysia Derivatives Exchange.

Read more on:   
Palm oil
|
MCX

Read More

Sugar output up at 25.5 million tonne this year surpasses govt estimate

Sugar production has surpassed the government's projection of 25.2 million tonnes in the 2011-12 marketing year so far.

Advertisements
Add to My Page

Back to Top

Quick Links

Go
Latest News
Most Popular

 

Back to Top

Logo
Copyrights © 2013 Business Standard Ltd. All rights reserved.