Edible oil prices rise by 15% in a month

The prices of crude palm oil (CPO) have gone up to 15 per cent in last one month after India imposed restrictions on imports on refined palm oil from Malaysia. On the Multi Commodity Exchange (MCX), all CPO futures traded up on Friday, while the CPO price in January expiry futures contract rose to Rs 839.80 per 10 kg. A month ago on December 10, the CPO price on MCX was Rs 731.40 per 10 kg which means the CPO prices have gone up by 15 per cent in the last one month.

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