Thursday, February 9, 2017

CPO trading range for the day is 578.1-586.5. Crude palm oil prices ended with gains on higher demand and on supply worries. Malaysia palm oil exports during Jan 1-31 rose 8.13% compared to a month earlier on strong demand. Indonesia Palm and kernel production fell 3% to 34.5 million tons in 2016 from a year earlier Crude palm oil prices in spot market gained by 2.60 rupees and settled at 587.70 rupees. 
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