NEW DELHI–In the second day, the crude palm oil (CPO) price redecreased 0,14% to be Rs 439/10kg in the stock exchange on Thursday (23/4) because the speculant postponed the position in the decreasing demands in the spot markets.
Business Standard wrote, in Multi Commodity Exchange, the CPO price for April delivery decreased 60 paise or 0,14% to be Rs 439.00 /10 kg in the business turnover bisnis 162 lots. And so did the CPO price for May delivery which decreasing 50 paise, or decreased0,11%to be Rs 441,10 /10 kg in 162 lots. The analysts said, beside the decreasing demands in the spot markets, the share of the stock was higher than the production. This also reduced the CPO price in the stock exchange. (T3)
