Crude palm oil gains 0.8% on global cues
Prices gained as speculators enlarged their positions
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Crude palm oil futures for May gained Rs 3.60, or 0.79% to Rs 459.80 per 10 kg in 414 lots.
At the Multi Commodity Exchange (MCX), the April contract edged up by Rs 1.80, or 0.39% to Rs 463.60 per 10 kg in 151 lots.
Prices gained as speculators enlarged their positions.
Speculators enlarging their positions in tandem with firming global trend influenced crude palm oil prices at futures trade.
On the Bursa Malaysia Derivatives, palm oil climbed 1.6% to $765 a tonne, the highest since April 12.
At the Multi Commodity Exchange (MCX), the April contract edged up by Rs 1.80, or 0.39% to Rs 463.60 per 10 kg in 151 lots.
Prices gained as speculators enlarged their positions.
Speculators enlarging their positions in tandem with firming global trend influenced crude palm oil prices at futures trade.
On the Bursa Malaysia Derivatives, palm oil climbed 1.6% to $765 a tonne, the highest since April 12.
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First Published: Apr 25 2013 | 2:35 PM IST