Thursday, December 18, 2025 | 03:37 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Crude palm oil up on rising demand

Image

Press Trust of India New Delhi
Supported by rising domestic demand, crude palm oil futures gained 0.28 per cent to Rs 583.30 per 10 kg as speculators enlarged positions.

At the Multi Commodity Exchange, crude palm oil for delivery in March added Rs 1.60, or 0.28 per cent to Rs 583.30 per 10 kg in business turnover of 68 lots.

Similarly, the oil for delivery in February gained Rs 1.20, or 0.21 per cent to Rs 583 per 10 kg in 7 lots.

Analysts said the rise in crude palm oil prices at futures trade was mostly attributed to participants enlarging their positions on the back of rising demand in the spot market.
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 26 2014 | 8:00 AM IST

Explore News