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Crude palm oil futures in India rose 1.08% on November 29 to Rs 554.50 per 10 kg as speculators added positions. Traders cited higher domestic demand and restricted supplies from producing regions.
The move was a routine futures update on the Multi Commodity Exchange.
Modest gains in Indian palm futures reflect firm regional demand and tight spot supply, a slight bullish signal for palm oil feed ingredients.
prestasisawit.mpob.gov.myNov 28, 2016prestasisawit.mpob.gov.myNov 29, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
