MARKET DEVELOPMENT
Crude Palm Oil Futures Remain Weak on Sluggish Demand
Crude Palm Oil Futures Remain Weak on Sluggish Demand
31/03/2012 (Economic Times) - Crude palm oil prices remained weak for the second straight day with prices falling by Rs 3 per 10 kg in futures trading today on sluggish demand against adequate stocks position.
At the Multi Commodity Exchange, crude palm oil for delivery in April declined by Rs 3, or 0.50 per cent, to Rs 597 per 10 kg, with a business turnover of 343 lots.