MARKET DEVELOPMENT
Crude Palm Oil Futures Trade Lower on MCX
Crude Palm Oil Futures Trade Lower on MCX
03/11/2015 (Livemint) - Crude palm oil futures traded lower on MCX tracking bearish sentiments of Malaysian palm oil prices. Further, slowing demand from China too influenced crude palm oil prices’ downtrend.
The contract for November delivery was trading at Rs 402.80, down by 0.49% or Rs 2.00 from its previous closing of Rs 404.80. The open interest of the contract stood at 5173.00 lots.
The contract for December delivery was trading at Rs 408.60, down by 0.46% or Rs 1.90 from its previous closing of Rs 410.50. The open interest of the contract stood at 2937.00 lots on MCX.
The contract for November delivery was trading at Rs 402.80, down by 0.49% or Rs 2.00 from its previous closing of Rs 404.80. The open interest of the contract stood at 5173.00 lots.
The contract for December delivery was trading at Rs 408.60, down by 0.46% or Rs 1.90 from its previous closing of Rs 410.50. The open interest of the contract stood at 2937.00 lots on MCX.