CPO trading range for the day is 445.5-451.9.
Crude palm oil prices dropped on higher supply woes following robust output from Malaysia.
Malaysia, the world's second-largest palm grower after Indonesia, will keep its crude palm oil export tax for the month of July at zero percent.
Palm oil output climbed 6.9% to 1.81 million tons as on May end compared to 1.69 million tons a month earlier.
Crude palm oil prices in spot market dropped by 3.00 rupees and settled at 452.10 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
Crude palm oil prices dropped on higher supply woes following robust output from Malaysia.
Malaysia, the world's second-largest palm grower after Indonesia, will keep its crude palm oil export tax for the month of July at zero percent.
Palm oil output climbed 6.9% to 1.81 million tons as on May end compared to 1.69 million tons a month earlier.
Crude palm oil prices in spot market dropped by 3.00 rupees and settled at 452.10 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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