CPO trading range for the day is 526.2-538.2.
Crude palm oil prices gained supported by robust demand following strong Indonesia and Malaysia CPO export data.
However, sharp gain in the oil prices was capped by higher output in Indonesia, the world's biggest palm oil producer.
In April, export of palm oil from Indonesia, the world's largest palm oil supplier, jumped 20% to 2.09 million tons on month.
Crude palm oil prices in spot market gained by 2.20 rupees and settled at 535.50 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Crude palm oil prices gained supported by robust demand following strong Indonesia and Malaysia CPO export data.
However, sharp gain in the oil prices was capped by higher output in Indonesia, the world's biggest palm oil producer.
In April, export of palm oil from Indonesia, the world's largest palm oil supplier, jumped 20% to 2.09 million tons on month.
Crude palm oil prices in spot market gained by 2.20 rupees and settled at 535.50 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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