6/08/2016 11:10:00 AM
Crude palm oil prices dropped on profit booking after prices gained on robust demand following strong CPO export data.
Malaysia palm oil exports jumped to 1.23 million tons during May 1-31 compared to 1.10 million tons for the same period a month ago.
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 dropped by 2.80 rupees and settled at 533.10 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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