6/12/2015 12:36:00 PM
Crude palm oil prices dropped due to higher supply of the oil from Malaysia, the second biggest palm oil producer.
Malaysia's crude palm oil output rose in May and end-May stockpiles rose, a data released by the Malaysian Palm Oil Board showed.
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 0.70 rupees and settled at 460.10 rupees. For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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