CPO trading range for the day is 409.4-425.
Crude palm oil prices ended with gains due to lower supply from Indonesia and Malaysia.
Prices will also supported after the report that Indonesian Government is likely to increase the mandate for bio fuel in diesel to 20% from the existing 15%
Palm oil output will likely stagnate in Indonesia and contract slightly in Malaysia, by 200,000 tons.
Crude palm oil prices in spot market gained by 15.00 rupees and settled at 410.30 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Crude palm oil prices ended with gains due to lower supply from Indonesia and Malaysia.
Prices will also supported after the report that Indonesian Government is likely to increase the mandate for bio fuel in diesel to 20% from the existing 15%
Palm oil output will likely stagnate in Indonesia and contract slightly in Malaysia, by 200,000 tons.
Crude palm oil prices in spot market gained by 15.00 rupees and settled at 410.30 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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