CPO trading range for the day is 394-402.4.
Crude palm oil prices ended with gains supported on the back of pickup in demand at the spot market.
Prices also seen supported amid lower supply from Indonesia and Malaysia.
The Indonesian Government is likely to increase the mandate for bio fuel in diesel to 20% from the existing 15% in the coming year.
Crude palm oil prices in spot market gained by 0.80 rupees and settled at 384.10 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Crude palm oil prices ended with gains supported on the back of pickup in demand at the spot market.
Prices also seen supported amid lower supply from Indonesia and Malaysia.
The Indonesian Government is likely to increase the mandate for bio fuel in diesel to 20% from the existing 15% in the coming year.
Crude palm oil prices in spot market gained by 0.80 rupees and settled at 384.10 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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