Showing posts with label Crude palm oil. Show all posts
Showing posts with label Crude palm oil. Show all posts

Crude palm oil extends losses for third consecutive day 24/02/2015

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)

Lower supplies, higer demand lifts CPO future 02/07/2014

Lower supplies, higer demand lifts CPO future
02/07/2014 15:26
The prices of crude palm oil rose in the domestic commodity market on Wednesday for the second consecutive day on higher demand of the agri commodity at the spot market as traders and speculators created fresh positions in the commodity. The sentiment improved further after supplies of the commodity from the producing areas remained limited. At the MCX, Crude Palm Oil future for July contract traded at Rs. 524 per 10 kg, up by 0.02 per cent after opening at Rs. 523.30 against the previous close of Rs. 523.90. It touched the intra-day high of Rs. 526.50 till the trading. (At 03.27 PM today)

Crude palm oil extended gains on increase in demand 26/06/2014

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)