Saturday, February 21, 2015

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Over Supplies Drag Crude Palm Oil Future Down


mcx commodity tips

Crude palm oil prices reduced at the domestic commodity market on Friday due to weak trend and lower desired in the overseas market. The sentiment weakened further on excess of the commodity from the producing areas. At the MCX, Crude Palm Oil futures for February 2015 contract were trading at Rs.462.20/10 Kg, downward by 0.54 % after opening at Rs. 465.00 against the last ending of Rs. 464.70. It touched the intraday low-lying of Rs. 462.10 till the trading.

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