6/02/2016 10:53:00 AM
Crude palm oil prices dropped tracking weakness in spot demand amid expectation of higher supply.
Prices of oil were down on hope of higher supply following reports of vanishing El-Nino impact in top palm oil growing area.
Preparations for the La Nina weather pattern could minimise the decline in palm oil output to between 200,000 and 300,000 tons.
Crude palm oil prices in spot market dropped by 3.30 rupees and settled at 533.30 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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