NEW DELHI –The crude palm oil (CPO) price falls down 0,62% to Rs 435,90 /10 kg in the stock exchange, Thursday (9/4) in last three days because the speculators cut off the position for the stagnant demands in the spot markets.
Business Standard wrote, in Multi Commodity Exchange, CPO price for April delivery decreased Rs2,70 or 0,62% to be Rs 435,90/10 kg in the business turnover 64 lots.
The CPO price for May contract was sold lower than Rs2,70, or 0,61% to be Rs 436,60/10 kg in 62 lots.
The market analyst said, the break up of the participants was done for the decreasing demands in the spot markets toward the shares, and mainly was influenced by the CPO price in the stock exchange. (T3)
