5/30/2016 11:18:00 AM
Crude palm oil gained due to pickup in demand at the spot market and restricted arrivals from major producing belts.
Strong demand ahead of Ramadan, a 30-day festival of Muslims which will begin from June this year, also supported prices.
Output of oil in Malaysia climbed 6.7% to 1.30 million tons in April end compared to 1.21 million tons a month earlier.
Crude palm oil prices in spot market gained by 0.40 rupees and settled at 535.90 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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