Crude sunflower oil futures rise on high demand

Crude sunflower oil prices rose by Rs 8.70 to Rs 892.30 per 10 kilograms in the futures market on Monday, driven by increased spot demand and active trading on the Multi Commodity Exchange. The August delivery contracts saw a 0.98% rise, with a significant business turnover. 

Crude sunflower oil futures rise on high demand
Sunflower Oil Futures Up 0.98%: Market Reacts to Rising Demand; Image | Pixabay

Crude sunflower oil prices on Monday rose Rs 8.70 to Rs 892.30 per 10 kilograms in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, crude sunflower oil contracts for August delivery traded higher by Rs 8.70 or 0.98 per cent at Rs 892.30 per 10 kg with a business turnover of 675 lots.

Marketmen said the widening of positions by participants, following a pick-up in demand from consuming industries kept crude sunflower oil prices higher in the futures trade.

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-444-day-special-fd-vs-pnb-400-day-fixed-deposit-interest-rate-maturity-calculator-what-will-general-senior-citizens-get-in-return-on-inr-rs-350000-700000-investments-in-guaranteed-fixed-income-333262

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

https://www.zeebiz.com/personal-finance/photo-gallery-ppf-interest-rate-maturity-retirement-corpus-planning-calculator-how-to-get-inr-rs-72000-month-tax-free-income-from-public-provident-fund-calculations-80c-tax-benefits-333983

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

https://www.zeebiz.com/personal-finance/news-rs-1111-monthly-sip-for-40-yrs-11111-for-20-yrs-or-22222-for-10-years-which-works-best-at-same-expected-return-334395

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

https://www.zeebiz.com/personal-finance/photo-gallery-rs-3500-monthly-sip-for-35-years-vs-rs-35000-monthly-sip-for-16-years-which-can-give-you-higher-corpus-in-long-term-compound-interest-benefits-mutual-fund-return-calculator-retirement-planning-334249

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-how-long-it-will-take-to-build-rs-5-crore-corpus-target-with-inr-5000-10000-and-15000-monthly-investment-retirement-planning-with-sip-calculator-market-linked-return-334417

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

https://www.zeebiz.com/market-news/news-short-term-investment-ideas-stocks-to-buy-for-15-days-axis-direct-recommends-fortis-healthcare-aegis-logistics-check-targets-334316

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-how-soon-will-monthly-sip-of-rs-11000-reach-rs-8-crore-corpus-target-retirement-financial-planning-with-sip-calculator-334296

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Written By: PTI
Updated: Tue, Aug 20, 2024
05:31 PM IST
New Delhi, PTI
RELATED NEWS
Sunflower oil import touches record 4.45 lakh tonnes in March: SEA Sunflower oil import touches record 4.45 lakh tonnes in March: SEA

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x