CPO Futures Closed Higher On Tuesday

CPO Futures closed higher on Tuesday as palm oils in international market jumped on Monday while domestic markets were closed. The trend looks positive on firm international prices and increase of Tariff Value of RBD Palm Oil by the government to 736$/mt from 703$. The most active CPO Aug’16 expiry closed 3.42% higher to settle at Rs. 544.6 per 10 kg.

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