Crude Palm Oil (CPO) Futures Edge Up On MCX - Equity Trading Tips

Crude Palm Oil futures edged up on MCX as speculators enlarged positions, taking positive cues from spot market on strong demand. Further, restricted supplies from the producing regions too fuelled the uptrend. The contract for September delivery was trading at Rs 542.50, up by 0.50% or Rs 2.70 from its previous closing of Rs 539.80. The open interest of the contract stood at 2158 lots.

The contract for October delivery was trading at Rs 539.70, up by 0.43% or Rs 2.30 from its previous closing of Rs 537.40. The open interest of the contract stood at 5206 lots on MCX.

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