Crude palm oil rebounds on spot demand
Fresh positions created by speculators supported the trade
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Crude palm oil futures for April rebounded by Rs 3.50, or 0.77%, to Rs 457.70 per 10 kg i 631 lots.
At the Multi Commodity Exchange (MCX), the March contract gained Rs 3.40, or 0.75%, to Rs 451.50 per 10 kg in 669 lots.
Fresh positions created by speculators, driven by rising spot market demand mainly influenced crude palm oil futures market.
At the Multi Commodity Exchange (MCX), the March contract gained Rs 3.40, or 0.75%, to Rs 451.50 per 10 kg in 669 lots.
Fresh positions created by speculators, driven by rising spot market demand mainly influenced crude palm oil futures market.
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First Published: Mar 15 2013 | 2:54 PM IST