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Crude palm oil futures on the Multi Commodity Exchange of India rose 0.36 percent to Rs 555 per 10 kg for December delivery. Traders cited higher domestic spot demand and tight stocks due to restricted supplies from producing regions.
Tight spot stocks and supply restrictions in producing regions support Indian palm oil prices. The gain is small and reflects routine domestic trading rather than a major shift in global supply.
business-standard.comBusiness StandardDec 1, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
