NCDEX withdraws notice for 1% discount to decide mustard poll price

The National Commodity and Derivatives Exchange has withdrawn the circular that said spot polling price of mustard shall be arrived at, after considering a discount of 1%. The discounted polled spot prices were supposed to be applicable from Feb 5 for contracts expiring in April and thereafter.

MCX CPO down tracking prices on Bursa Malaysia

Futures contracts of crude palm oil on the MCX fell, tracking losses in benchmark contracts on the Bursa Malaysia Derivatives. The most-active January contract on the domestic bourse was at 565.5 rupees per 10 kg, down 0.2% from the previous close. Prices on the Malaysian bourse fell due to an-month decline in the southeast Asian country’s palm oil exports during Dec 1-15.