GLOBAL

Telecom Group, Inc.

Palm Oil Up 0.2% On Spot Demand

December 16, 2014

 

 

 

 

 

 

 

 

 

 

 

Crude palm oil futures prices were up by 0.28% at Rs 425 in futures trade today as traders created fresh positions amidst pick up in spot demand.

 

Furthermore, restricted stocks in physical market on fall in supplies from the major producing belts also supported the upside, traders said.

 

At the Multi Commodity Exchange, crude palm oil for January rose by Rs 1.20, or 0.28%, to Rs 425 per 10 kg on a trading volume of 54 lots.

 

Similarly, the oil for delivery in December went up by 0.90 paise, or 0.21%, to Rs 419 per 10 kg, with a business volume of 83 lots.

 

For more info, visit http://www.business-standard.com/article/pti-stories/crude-palm-oil-futures-up-on-spot-demand-114121500203_1.html

Please reload

Featured Posts

Lawmakers Frustrated at EPA Over Ethanol Mandate Delay

December 16, 2014

1/1
Please reload

Recent Posts
Please reload

Archive
Please reload

Search By Tags
Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

8220 Crestwood Heights Drive Apartment 1401

McLean, Virginia

© 2015 All Rights Reserved

Global Telecom Group, Inc.

  • Google+ Clean
  • facebook