MARKET DEVELOPMENT
Crude Palm Oil Futures Trade Higher on Pickup in Demand
Crude Palm Oil Futures Trade Higher on Pickup in Demand
06/01/2016 (Livemint) - Crude palm oil futures traded higher on MCX on pickup in demand in the spot market. However, adequate stocks position following higher supplies from the producing belts, capped some gains.
The contract for January delivery was trading at Rs 412.60, up by 0.66% or Rs 2.70 from its previous closing of Rs 409.90. The open interest of the contract stood at 6257.00 lots.
The contract for February delivery was trading at Rs 421.00, up by 0.86% or Rs 3.60 from its previous closing of Rs 417.40. The open interest of the contract stood at 2702.00 lots on MCX.
The contract for January delivery was trading at Rs 412.60, up by 0.66% or Rs 2.70 from its previous closing of Rs 409.90. The open interest of the contract stood at 6257.00 lots.
The contract for February delivery was trading at Rs 421.00, up by 0.86% or Rs 3.60 from its previous closing of Rs 417.40. The open interest of the contract stood at 2702.00 lots on MCX.