CPO trading range for the day is 399.4-404.6.
Crude palm oil prices ended with losses on subdued demand for oil following weak Malaysia palm oil export data.
Malaysia palm oil exports during October 1-25 slipped 9.2% compared to a month earlier on improved demand from China and Middle East.
Moreover, world palm oil output growth will likely to slow down next year due to the El Nino weather pattern.
Crude palm oil prices in spot market dropped by 2.10 rupees and settled at 400.80 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Crude palm oil prices ended with losses on subdued demand for oil following weak Malaysia palm oil export data.
Malaysia palm oil exports during October 1-25 slipped 9.2% compared to a month earlier on improved demand from China and Middle East.
Moreover, world palm oil output growth will likely to slow down next year due to the El Nino weather pattern.
Crude palm oil prices in spot market dropped by 2.10 rupees and settled at 400.80 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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