Crude palm oil gains 1.6% on strong demand
Prices rose amid strong domestic demand
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Crude palm oil futures for June gained Rs 7.50, or 1.63%, to Rs 468 per 10 kg in 723 lots.
At the Multi Commodity Exchange (MCX), the May contract traded higher by Rs 5.50, or 1.19%, to Rs 467.40 per 10 kg in 1,065 lots.
Prices rose amid strong domestic demand.
Firming trend in the global markets pushed up crude palm oil prices at futures market.
On the Malaysia Derivatives, the July contract climbed 1.5% to $777 a tonne, the highest since April 29.
At the Multi Commodity Exchange (MCX), the May contract traded higher by Rs 5.50, or 1.19%, to Rs 467.40 per 10 kg in 1,065 lots.
Prices rose amid strong domestic demand.
Firming trend in the global markets pushed up crude palm oil prices at futures market.
On the Malaysia Derivatives, the July contract climbed 1.5% to $777 a tonne, the highest since April 29.
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First Published: May 10 2013 | 3:52 PM IST