CPO trading range for the
day is 492.9-518.9.
Crude palm oil slumped on higher output from Indonesia, the world's biggest oil producer and on weak demand.
CPO production in Indonesia rose to 2.188 million tons in May compared to 2.132 million ton in the previous month.
Indonesia's CPO exports in May expected to fall to 1.919 million tons compared to 1.928 million tons a month earlier, various surveys showed.
Crude palm oil prices in spot market dropped by 7.90 rupees and settled at 509.30 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Crude palm oil slumped on higher output from Indonesia, the world's biggest oil producer and on weak demand.
CPO production in Indonesia rose to 2.188 million tons in May compared to 2.132 million ton in the previous month.
Indonesia's CPO exports in May expected to fall to 1.919 million tons compared to 1.928 million tons a month earlier, various surveys showed.
Crude palm oil prices in spot market dropped by 7.90 rupees and settled at 509.30 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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