CPO Futures Closed Higher Last Week

CPO Futures closed higher last week due to good demand in the domestic market. The most active CPO Sep’16 expiry closed higher by 0.78% to settle at Rs. 543.5 per 10 kg. The tariff value of RBD palmolein increase 6.1% for the 1st half of October compared to last fortnight. However, tariff value for CPO increase by only $1 /tonnes to $767.

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