Wednesday, December 16, 2015

CPO trading range for the day is 387.3-409.1.
Crude palm oil prices ended with losses on weak demand in export demand.
Malaysia palm oil exports slipped to 280,445 tons during Dec 1-10 compared to 434,862 tons for the same period a month ago.
Palm oil production is reduced for Indonesia and Malaysia for 2015/16 reflecting unusually dry conditions from June through October 2015.
Crude palm oil prices in spot market dropped by 4.80 rupees and settled at 389.10 rupees.


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