Crude Palm Oil Futures Edge Higher On Rising Demand

Crude palm oil futures edged higher on MCX as participants enlarged their positions on the back of rising demand in the domestic spot market. The contract for August delivery was trading at Rs 517.60, up by 0.12% or Rs 0.60 from its previous closing of Rs 517.00. The open interest of the contract stood at 1496 lots.

The contract for September delivery was trading at Rs 513.30, up by 0.25% or Rs 1.30 from its previous closing of Rs 512.00. The open interest of the contract stood at 4122 lots on MCX.

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