Crude palm oil futures traded up on MCX as speculators created fresh positions supported by pick up in demand in the spot market. Further, apart from a firming trend overseas, pick-up in the spot demand at domestic markets influenced crude palm oil futures prices.
The contract for April delivery was trading at Rs 570.10, up by 0.64% or Rs 3.60 from its previous closing of Rs 566.50. The open interest of the contract stood at 1157.00 lots.
The contract for May delivery was trading at Rs 568.30, up by 0.69% or Rs 3.90 from its previous closing of Rs 564.40. The open interest of the contract stood at 3430.00 lots on MCX.
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