Thursday, March 23, 2017

  • CPO trading range for the day is 527.7-542.5. 
  • Crude palm oil prices dropped tracking weakness in spot demand and weak international prices. 
  • Palm oil stockpiles in Indonesia slumped in January after production declined and exports increased. 
  • Reserves fell to 2.86 million tons from a revised 3.75 million tons in December, according to data released by the Indonesian Palm Oil Association. 
  • Crude palm oil prices in spot market gained by 1.00 rupees and settled at 541.10 rupees.
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