Crude palm oil extended gains on increase in
demand
26/06/2014 15:05
The price of crude palm oil extended gains for the fourth consecutive day after the demand of the of the commodity increased after traders and speculators enlarged their positions in the agri commodity. The sentiment improved further after the restricted supplies from the producing areas against higher demand. At the MCX, Crude Palm Oil future for June 2014 contract traded at Rs. 534.20 per 10 kg, up by 0.34 per cent after opening at Rs. 534.80 against the previous close of Rs. 532.40. It touched the intra-day high of Rs. 535.40 till the trading. (At 03.09 PM today)
26/06/2014 15:05
The price of crude palm oil extended gains for the fourth consecutive day after the demand of the of the commodity increased after traders and speculators enlarged their positions in the agri commodity. The sentiment improved further after the restricted supplies from the producing areas against higher demand. At the MCX, Crude Palm Oil future for June 2014 contract traded at Rs. 534.20 per 10 kg, up by 0.34 per cent after opening at Rs. 534.80 against the previous close of Rs. 532.40. It touched the intra-day high of Rs. 535.40 till the trading. (At 03.09 PM today)
