CPO trading range for the
day is 499.1-505.7.
Crude palm oil prices dropped on subdued demand following weak Malaysian palm oil exports data and on higher supply hope.
Oil prices were also under pressure as investors expect Malaysia to report 1.51 million tons production, up for a fourth straight month.
Malaysia palm oil exports during June 1-30 slipped 8.13% compared to a month earlier on subdued demand.
Crude palm oil prices in spot market dropped by 0.10 rupees and settled at 504.90 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Crude palm oil prices dropped on subdued demand following weak Malaysian palm oil exports data and on higher supply hope.
Oil prices were also under pressure as investors expect Malaysia to report 1.51 million tons production, up for a fourth straight month.
Malaysia palm oil exports during June 1-30 slipped 8.13% compared to a month earlier on subdued demand.
Crude palm oil prices in spot market dropped by 0.10 rupees and settled at 504.90 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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