CPO trading range for the day is 518-541.6.
CPO prices dropped tracking weakness in overseas prices as speculation over higher output and technical selling dragged the market lower.
Malaysian palm oil shipments for the first half of May grew 14-16 percent from a month ago, a slower growth rate.
Palm oil imports rose marginally to 7.30 lakh tons in April compared to 7.25 lakh tons in April 2015.
Crude palm oil prices in spot market dropped by 4.40 rupees and settled at 539.60 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
CPO prices dropped tracking weakness in overseas prices as speculation over higher output and technical selling dragged the market lower.
Malaysian palm oil shipments for the first half of May grew 14-16 percent from a month ago, a slower growth rate.
Palm oil imports rose marginally to 7.30 lakh tons in April compared to 7.25 lakh tons in April 2015.
Crude palm oil prices in spot market dropped by 4.40 rupees and settled at 539.60 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
0 comments :
Post a Comment
Note: Only a member of this blog may post a comment.