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Crude palm oil futures on the Multi Commodity Exchange in India rose 0.61 percent to Rs 559.50 per 10 kg. Speculators built fresh positions after a pickup in spot market demand against tight stocks.
Tight spot supplies and rising demand support palm oil prices in India, a key importer. The move reflects routine trading rather than a new supply shock.
business-standard.comPress Trust of IndiaJan 1, 2018Not 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.
