Don’t miss the latest developments in business and finance.

Crude palm oil extends gains on global cues

Prices went up as speculators created fresh positions

Press Trust of India New Delhi
Last Updated : Mar 20 2013 | 2:27 PM IST
Crude palm oil futures for March rose by Rs 1.40, or 0.31%, to Rs 453 per 10 kg in 354 lots.

On the Multi Commodity Exchange (MCX), the April contract traded higher by Rs 1.20, or 0.26%, to Rs 456 per 10 kg in 235 lots.

Prices went up as speculators created fresh positions amid increased spot markets demand.

More From This Section

Firming global markets trend also influenced crude palm oil futures trade here.

In Malaysia, palm oil prices climbed 1% to $779 a tonne.

Also Read

First Published: Mar 20 2013 | 2:25 PM IST

Next Story