Crude palm oil extends losses for third consecutive
day
24/02/2015 13:22
The prices of crude palm oil declined for the third straight day at the domestic commodity market on Tuesday after traders and speculators exited the positions in the agri commodity. Moreover, excessive stock positions also exerted downward pressure on the prices of the commodity. At the MCX, Crude Palm Oil future for February 2015 contract traded at Rs. 451.60 per 10 kg, down by 0.99 per cent after opening at Rs. 455.30 against the previous close of Rs. 456.10. It touched the intra-day low of Rs. 450 till the trading. (At 01.25 PM today)
24/02/2015 13:22
The prices of crude palm oil declined for the third straight day at the domestic commodity market on Tuesday after traders and speculators exited the positions in the agri commodity. Moreover, excessive stock positions also exerted downward pressure on the prices of the commodity. At the MCX, Crude Palm Oil future for February 2015 contract traded at Rs. 451.60 per 10 kg, down by 0.99 per cent after opening at Rs. 455.30 against the previous close of Rs. 456.10. It touched the intra-day low of Rs. 450 till the trading. (At 01.25 PM today)
