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Crude palm oil rises on pick up in demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 12:40 AM IST

Crude palm oil prices rose by Rs 1.50 to Rs 466 per 10 kg in futures trading today due to pick-up in the spot market demand.

At the Multi Commodity Exchange, October crude palm oil rose by Rs 1.50, or 0.32%, to Rs 466 per 10 kg, with a business turnover of 26 lots.

The November contract traded higher by Rs 1.10, or 0.24%, to Rs 464.60 per 10 kg, with an open interest of 57 lots.

Traders said rise in demand in the spot market mainly helped crude palm oil futures prices to trade higher.

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First Published: Oct 05 2011 | 11:23 AM IST

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