CPO trading range for the day is 422.6-441.4.
Crude palm oil prices dropped due to profit-booking amid fall in demand in the spot market.
However, expectation of rising domestic demand ahead of festival season, capped some losses.
Malaysia palm oil exports during Oct 1-10 dropped 11.25% compared to a month earlier on weak demand from China and Middle East.
Crude palm oil prices in spot market gained by 2.40 rupees and settled at 426.60 rupees.For more information ✆ - 0731-6642300 on MCX Tips or Visit http://www.epicresearch.co
Crude palm oil prices dropped due to profit-booking amid fall in demand in the spot market.
However, expectation of rising domestic demand ahead of festival season, capped some losses.
Malaysia palm oil exports during Oct 1-10 dropped 11.25% compared to a month earlier on weak demand from China and Middle East.
Crude palm oil prices in spot market gained by 2.40 rupees and settled at 426.60 rupees.For more information ✆ - 0731-6642300 on MCX Tips or Visit http://www.epicresearch.co
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