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Crude palm oil futures trade higher on rising demand
Nov-19-2019

Crude palm oil futures traded higher on MCX, with the widening of portfolios by speculators tracking good spot demand from domestic markets. Further, minimum stockpiles, strong exports and weaker production added upside.

The contract for November delivery was trading at Rs 643.40 , up 0.69% or Rs 4.40 from its previous closing of Rs 639.00. The open interest of the contract stood at 3055 lots.

The contract for December delivery was trading at Rs 646.50 up by 0.69% or Rs 4.40 from its previous closing of Rs 642.10. The open interest of the contract stood at 4037 lots on MCX.

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