CPO trading range for the day is 399.2-414.8.
Crude palm oil prices dropped amid due to concerns over slowing global demand for the tropical product against higher production.
However downside seen limited due to good demand from the stockists ahead of festival season at the spot market.
According to latest data released by SEA, India's palm oil imports rose by 12.20 per cent to 7,83,734 tonnes in September as against the year-ago period.
Crude palm oil prices in spot market gained by 0.10 rupees and settled at 399.20 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Crude palm oil prices dropped amid due to concerns over slowing global demand for the tropical product against higher production.
However downside seen limited due to good demand from the stockists ahead of festival season at the spot market.
According to latest data released by SEA, India's palm oil imports rose by 12.20 per cent to 7,83,734 tonnes in September as against the year-ago period.
Crude palm oil prices in spot market gained by 0.10 rupees and settled at 399.20 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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