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Crude palm oil futures up on fresh buying

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 12:57 AM IST

Crude palm oil prices traded marginally higher 0.14 per cent, or Rs 0.50, to Rs 365.40 per 10 kg in futures trade today on fresh buying activity in the spot market.

At the Multi Commodity Exchange platform, crude palm oil for June-month contract gained Rs 0.50, or 0.14 per cent, to Rs 365.40 per 10 kg, with an open interest of 939 lots.

Similarly, the oil for July contract traded higher by the same margin at Rs 362.70 per 10 kg, with a trading volume of 1,570 lots.

Market experts said fresh buying by traders, followed by marginal rise in demand in the spot market helped crude palm oil prices to trade higher at futures market.

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First Published: Jun 24 2010 | 2:28 PM IST

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