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12-Jul2017

Crude palm oil futures trade up on MCX

Crude palm oil futures traded up on MCX as traders built up fresh positions, driven by pick-up in demand at the spot market. Moreover, tight stocks position on restricted supplies from producing regions too fuelled the uptrend.

The contract for July delivery was trading at Rs 491.50, up by 0.51% or Rs 2.50 from its previous closing of Rs 489.00. The open interest of the contract stood at 4846 lots.

The contract for August delivery was trading at Rs 484.50, up by 0.52% or Rs 2.50 from its previous closing of Rs 482.00. The open interest of the contract stood at 3082 lots on MCX.


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