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Crude palm oil futures trade lower on weak cues overseas
Jun-13-2019

Crude palm oil futures traded lower on MCX, as speculators offloaded their bets tracking weaker international rates and a trim in tariff rates. Besides, dip in exports and mounting of inventories also fuelled down trend.

The contract for June delivery was trading at Rs 494.10 down by 0.16% or Rs 0.80 from its previous closing of Rs 494.90. The open interest of the contract stood at 4332 lots.

The contract for July delivery was trading at Rs 497.00 down by 0.24% or Rs 1.20 from its previous closing of 498.20. The open interest of the contract stood at 1878 lots on MCX.

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