Monday, April 3, 2017

  • CPO Futures on MCX closed lower last week tracking international prices and rival soy oil prices in domestic market. 
  • There is expectation of higher stock levels of edible oil in the country as oilseed crushing is going on in full swing. 
  • The government lowered the base import price of crude palm oil by $6 to $747 per tonnes for 1st half of April. 
  • Moreover, imports of palm oil in Feb higher compared to previous month.
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