Tuesday, May 17, 2016

CPO trading range for the day is 539.7-552.7.
Crude palm oil prices ended with losses amid higher output from Malaysia, the world's second biggest palm oil producer.
Palm oil output climbed 6.7% to 1.30 million tons in April end compared to 1.21 million tons a month earlier, a data showed.
Indonesia’s 2016/17 palm oil production is estimated at a record 35.0 million tons, up 6.1 percent from last year.
Crude palm oil prices in spot market dropped by 1.20 rupees and settled at 549.10 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co


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