MARKET DEVELOPMENT
Crude Palm Oil Futures Trade Higher on MCX
Crude Palm Oil Futures Trade Higher on MCX
11/01/2016 (Livemint) - Crude palm oil futures traded higher on MCX due to pickup in demand in the spot market. Further, limited arrivals from producing belts too weighed on crude palm oil prices.
The contract for January delivery was trading at Rs 418.70, up by 1.77% or Rs 7.30 from its previous closing of Rs 411.40. The open interest of the contract stood at 5711.00 lots.
The contract for February delivery was trading at Rs 428.30, up by 1.90% or Rs 8.00 from its previous closing of Rs 420.30. The open interest of the contract stood at 4098.00 lots on MCX.
The contract for January delivery was trading at Rs 418.70, up by 1.77% or Rs 7.30 from its previous closing of Rs 411.40. The open interest of the contract stood at 5711.00 lots.
The contract for February delivery was trading at Rs 428.30, up by 1.90% or Rs 8.00 from its previous closing of Rs 420.30. The open interest of the contract stood at 4098.00 lots on MCX.