# Spot demand lifts crude palm oil futures by 0.36 pc

> 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.

- Date: 2016-12-01 · published 2016-12-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/10934-spot-demand-lifts-crude-palm-oil-futures-by-0-36-pc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

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.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/spot-demand-lifts-crude-palm-oil-futures-by-0-36-pc-116120100357_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.