CPO trading range for the day is 401.2-407.2.
Crude palm oil prices gained on account of pickup in demand at the spot market.
However, some gains were capped by weak International prices as higher October production estimates in Malaysia.
Export demand for Malaysian palm oil tends to soften in November and December during winter in major consuming countries such as China.
Crude palm oil prices in spot market dropped by 1.80 rupees and settled at 402.90 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Crude palm oil prices gained on account of pickup in demand at the spot market.
However, some gains were capped by weak International prices as higher October production estimates in Malaysia.
Export demand for Malaysian palm oil tends to soften in November and December during winter in major consuming countries such as China.
Crude palm oil prices in spot market dropped by 1.80 rupees and settled at 402.90 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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