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MARKET DEVELOPMENT
Crude Palm Oil Futures Up 0.85% on Spot Demand
calendar24-03-2012 | linkEconomic Times | Share This Post:

24/03/2012 (Economic Times) - Crude palm oil prices rose by Rs 4.90 to Rs 575.50 per 10 kg in futures trade today, as speculators created fresh positions, supported by rising demand at the spot market.

A firming trend in the overseas markets also influenced crude palm oil prices at futures trade.

On the Multi Commodity Exchange, crude palm oil for March delivery up by Rs 4.90, or 0.85 per cent, to Rs 575.50 per kg, with a trading volume of 106 lots.