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Crude palm oil futures trade higher on MCX
Apr-21-2017

Crude palm oil futures traded higher on MCX as traders created fresh positions, driven by pick-up in demand at the spot market. Besides, a firming trend in overseas markets and tight stocks position on restricted supplies from producing regions too fuelled the uptrend.

The contract for April delivery was trading at Rs 518.00, up by 0.39% or Rs 2.00 from its previous closing of Rs 516.00. The open interest of the contract stood at 4344 lots.

The contract for May delivery was trading at Rs 492.70, up by 0.57% or Rs 2.80 from its previous closing of Rs 489.90. The open interest of the contract stood at 4596 lots on MCX.

 

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