CPO trading range for the day is 386.8-399.8.
Crude palm oil prices ended with losses due to oversupply woes and on weak demand.
Palm oil prices were also down on subdued demand for the oil in export market following weak Malaysia palm oil export data.
In its monthly report, the MPOB said CPO output rose 4% to two million tons in October compared to 1.96 million tons in September.
Crude palm oil prices in spot market gained by 1.20 rupees and settled at 392.20 rupees.For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Crude palm oil prices ended with losses due to oversupply woes and on weak demand.
Palm oil prices were also down on subdued demand for the oil in export market following weak Malaysia palm oil export data.
In its monthly report, the MPOB said CPO output rose 4% to two million tons in October compared to 1.96 million tons in September.
Crude palm oil prices in spot market gained by 1.20 rupees and settled at 392.20 rupees.For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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