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Crude palm oil futures trade lower on MCX
Jul-12-2019

Crude palm oil futures traded lower on MCX with offloading of bets at prevailing higher levels amid subdued physical demand. Moreover, weakness in key soyoil contracts fuelled downtrend.

The contract for July delivery was trading at Rs 494.70 down by 0.54% or Rs 2.70 from its previous closing of 497.40. The open interest of the contract stood at 4216 lots.

The contract for August delivery was trading at Rs 496.00 down by 0.66% or Rs 3.30 from its previous closing of Rs 499.30. The open interest of the contract stood at 2977 lots on MCX.

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