Tuesday, January 07, 2014

EPIC AGRI COMMODITY UPDATE:CRUDE PALM OIL



The prices of crude palm oil declined for the fifth consecutive day on weak demand at the spot market as traders and speculators offloaded their positions in the agri commodity. The sentiment weakened further on oversupplies of the commodity from the producing areas against limited demand. At the MCX, Crude Palm Oil futures for January 2014 contract were trading at Rs.541.50 per 10 Kg, down by 0.31 per cent after opening at Rs. 542 against the previous close of Rs. 543.20. Visit Here

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