Excessive supplies drag Crude Palm Oil future
20/02/2015 13:26
Crude palm oil prices declined at the domestic commodity market on Friday due to weak trend and lower demand in the overseas market. The sentiment weakened further on oversupplies of the commodity from the producing areas.
At the MCX, Crude Palm Oil futures for February 2015 contract were trading at Rs.462.20 per 10 Kg, down by 0.54 per cent after opening at Rs. 465.00 against the previous close of Rs. 464.70. It touched the intra-day low of Rs. 462.10 till the trading. (At 1.30 PM today)
20/02/2015 13:26
Crude palm oil prices declined at the domestic commodity market on Friday due to weak trend and lower demand in the overseas market. The sentiment weakened further on oversupplies of the commodity from the producing areas.
At the MCX, Crude Palm Oil futures for February 2015 contract were trading at Rs.462.20 per 10 Kg, down by 0.54 per cent after opening at Rs. 465.00 against the previous close of Rs. 464.70. It touched the intra-day low of Rs. 462.10 till the trading. (At 1.30 PM today)
LME Inventories Data: February 20, 2015
20/02/2015 14:46
Copper stocks -450 MT to 298200, Aluminum Stocks -6375 MT to 3954175 MT, Nickel Stocks +330 MT to 425934 MT, Zinc Stocks -4600 MT to 581400 MT, Lead Stocks -125 MT to 211925 MT
20/02/2015 14:46
Copper stocks -450 MT to 298200, Aluminum Stocks -6375 MT to 3954175 MT, Nickel Stocks +330 MT to 425934 MT, Zinc Stocks -4600 MT to 581400 MT, Lead Stocks -125 MT to 211925 MT
