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Crude palm oil futures on the Multi Commodity Exchange of India fell 0.48 per cent to Rs 529.50 per 10 kg as speculators took profits at higher levels. Weaker spot demand and rising supplies from producing regions added to the decline.
Lower Indian futures reflect softer domestic demand and ample stocks, which points to modestly weaker palm oil prices.
business-standard.comPress Trust of IndiaOct 3, 2017Not 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.
