1/06/2016 12:13:00 PM
Crude palm oil settled down on profit booking after prices gained earlier supported on the back of pickup in demand at the spot market.
Malaysia palm oil exports during Dec 1-31 slumped 5.2% from a month earlier on weak demand from China, European Union, and Middle East.
Indonesia palm Oil output is seen lower at 30.9 million tons compared to previous estimate 31.5 million tons.
Crude palm oil prices in spot market dropped by 0.60 rupees and settled at 401.80 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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