Thursday, April 6, 2017

  • CPO trading range for the day is 521-528.8. 
  • Crude palm oil gains amid increasing demand and speculation of lower supply from top producers. 
  • Palm oil refiners in Malaysia are boosting purchases of Indonesian crude palm oil to meet festive demand as there is tight local supply. 
  • Prices of palm oil will be up on increasing supply worries after the Malaysian Metrological Department hinted on returning of el-nino.
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