Wednesday, March 22, 2017

  • CPO trading range for the day is 530.1-539.7. 
  • Crude palm oil prices ended with gains tracking global cues amid supply worries. 
  • Prices also gained supported by supply shortage worries from Indonesia following speculation of returning of el-nino. 
  • Palm oil stockpiles in Indonesia slumped in January after production in the world's largest oil producer, declined and exports increased. 
  • Crude palm oil prices in spot market dropped by 0.80 rupees and settled at 540.10 rupees.
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