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03-Oct2016

Crude palm oil futures exhibit mixed trend on MCX

Crude palm oil futures exhibited mixed trend on MCX as the October contracts traded lower on ample stocks position following higher supply from the producing belts, while November contracts traded higher as participants created fresh positions, driven by uptick in demand in the spot market.

The contract for October delivery was trading at Rs 540.00, down by 0.02% or Rs 0.10 from its previous closing of Rs 540.10. The open interest of the contract stood at 5740.00 lots.

The contract for November delivery was trading at Rs 514.70, up by 0.47% or Rs 2.40 from its previous close of Rs 512.30. The open interest of the contract stood at 3551.00 lots on MCX.


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