CPO rises for second consecutive day on pickup in
demand
24/06/2014 16:02
The prices of crude palm oil rose for the second consecutive day on Tuesday after the traders and speculators created fresh positions in the agri commodity as demand increased at the spot market. The sentiment improved further as supplies from the producing areas declined against the demand. At the MCX, Crude Palm Oil future for June 2014 contract traded at Rs. 528.60 per 10 kg, up by 0.27 per cent after opening at Rs. 529.90 against the previous close of Rs. 527.20. It touched the intra-day high of Rs. 530.20 till the trading. (At 04.02 PM today)
24/06/2014 16:02
The prices of crude palm oil rose for the second consecutive day on Tuesday after the traders and speculators created fresh positions in the agri commodity as demand increased at the spot market. The sentiment improved further as supplies from the producing areas declined against the demand. At the MCX, Crude Palm Oil future for June 2014 contract traded at Rs. 528.60 per 10 kg, up by 0.27 per cent after opening at Rs. 529.90 against the previous close of Rs. 527.20. It touched the intra-day high of Rs. 530.20 till the trading. (At 04.02 PM today)
