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07-Aug2018

Crude palm oil futures trade higher on MCX

Crude palm oil futures traded higher on MCX, due to fresh buying by market players tracking  positive trend in Malaysia palm oil. Besides, strong physical demand from domestic markets also triggered the upward momentum.

The contract for August delivery was trading at Rs 593.70 , up by 0.27 % or Rs 1.60 from its previous closing of Rs 592.10. The open interest of the contract stood at 7533 lots

The contract for September delivery was trading at Rs 590.60, up by 0.46 % or Rs 2.70 from its previous closing of Rs 587.90. The open interest of the contract stood at 5229 lots on MCX.


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