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Crude palm oil up on pick-up in demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:11 AM IST

Amid rising trend at spot market on pick up in domestic demand, crude palm oil futures prices today rose further by 0.12% to Rs 595 per 10 kg.

On the Multi Commodity Exchange, the April contract for crude palm oil added 70 paise, or 0.12% to Rs 595 per 10 kg in business turnover of 345 lots.

The March contract traded higher by 60 paise, or 0.10%, to Rs 590 per 10 kg in 39 lots.

Analysts said apart from firming trend at spot markets on pick-up in demand, restricted arrivals from producing regions also helped supported the upside in crude palm oil futures prices.

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First Published: Mar 27 2012 | 12:30 PM IST

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