CPO trading range for the
day is 500.5-510.9.
Crude palm oil gained supported by pickup in demand in the spot market, tracking a firm global trend.
Malaysia palm oil exports dropped to 872,738 tons during June 1-25 compared to 965,253 tons for the same period a month ago.
Moreover, Indonesia, the world's biggest oil producer, will lower the export tax for CPO to zero in July, down from $3 per ton in June.
Crude palm oil prices in spot market gained by 1.10 rupees and settled at 506.60 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Crude palm oil gained supported by pickup in demand in the spot market, tracking a firm global trend.
Malaysia palm oil exports dropped to 872,738 tons during June 1-25 compared to 965,253 tons for the same period a month ago.
Moreover, Indonesia, the world's biggest oil producer, will lower the export tax for CPO to zero in July, down from $3 per ton in June.
Crude palm oil prices in spot market gained by 1.10 rupees and settled at 506.60 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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