CPO trading range for the
day is 512-519.4.
Crude palm oil dropped taking cues from international market on oversupply woes by making oil cheap in export market.
Palm oil imports fell by 28 per cent to 657,454 tonnes in May, in view of higher stock availability and sluggish summer demand, SEA said.
Malaysia's crude palm oil output in May jumped, a data released by the Malaysian Palm Oil Board showed.
Crude palm oil prices in spot market dropped by 3.10 rupees and settled at 517.20 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Crude palm oil dropped taking cues from international market on oversupply woes by making oil cheap in export market.
Palm oil imports fell by 28 per cent to 657,454 tonnes in May, in view of higher stock availability and sluggish summer demand, SEA said.
Malaysia's crude palm oil output in May jumped, a data released by the Malaysian Palm Oil Board showed.
Crude palm oil prices in spot market dropped by 3.10 rupees and settled at 517.20 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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