CPO trading range for the day is 411.9-423.7.
Crude palm oil dropped due to weak demand for the oil the oil in export market following subdued Malaysia palm oil export demand.
In the latest USDA report, global palm oil production in 2015/16 forecasted to increase by 6 % to 65.17 million tons (mt).
Malaysia palm oil exports during July 1-20 dropped 15.52% compared to a month earlier on weak demand.
Crude palm oil prices in spot market dropped by 1.00 rupees and settled at 416.10 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
Crude palm oil dropped due to weak demand for the oil the oil in export market following subdued Malaysia palm oil export demand.
In the latest USDA report, global palm oil production in 2015/16 forecasted to increase by 6 % to 65.17 million tons (mt).
Malaysia palm oil exports during July 1-20 dropped 15.52% compared to a month earlier on weak demand.
Crude palm oil prices in spot market dropped by 1.00 rupees and settled at 416.10 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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