Friday, February 10, 2017

CPO trading range for the day is 579.4-585.2. Crude palm oil settled flat as prices pared gains seen due to firmness in spot demand and overseas prices.  Prices of palm oil were up after Malaysia palm oil exports during Jan 1-31 rose 8.13% compared to a month earlier on strong demand. Malaysia palm oil exports climbed to 1.17 million tons during Jan 1-31 compared to 1.08 million tons for the same period a month ago Crude palm oil prices in spot market dropped by 0.10 rupees and settled at 587.60 rupees. 
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