Last Updated : September 06, 2010 14:20
CPO is expected to gain further
MCX September CPO closed higher Rs 3.40/10Kg at Rs 418.00/10 Kg on Saturday, from its high of the day (419.00) and touched a low of 416.00 levels.
The benchmark Nov contract on BMD CPO ended higher at MYR 2570/tonnes on Friday, up MYR 28/tonnes as compared to previous close, from its high of the day 2574 levels and touched a low of MYR 2546/tones.
As per Intertek Agri Services (a cargo surveyor), Malaysia’s palm oil export fell 14% in the month of August to 1.22 million tones as compared to previous month.
As per SGS (another cargo surveyor), Malaysia’s palm oil export fell 18% in the month of August to 1.15 million tones as compared to previous month.
Courtesy: Angel Commodities
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MCX SOYABEAN 20 February 2012
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