CPO trading range for the day is 383.6-389.8.
Crude palm oil prices ended with losses owing to slackened demand in spot markets.
Further, adequate stocks position in the physical market on higher supplies from the major producing regions too fuelled the downtrend.
Malaysia CPO stocks rose 7.3% in October month to 2.83 million tons compared to 2.6 million tons in September.
Crude palm oil prices in spot market dropped by 0.30 rupees and settled at 381.70 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Crude palm oil prices ended with losses owing to slackened demand in spot markets.
Further, adequate stocks position in the physical market on higher supplies from the major producing regions too fuelled the downtrend.
Malaysia CPO stocks rose 7.3% in October month to 2.83 million tons compared to 2.6 million tons in September.
Crude palm oil prices in spot market dropped by 0.30 rupees and settled at 381.70 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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