8/31/2017 01:34:00 PM
- CPO trading range for the day is 510.3-514.9.
- Crude palm oil ended with gains tracking firmness in spot demand and other oilseed counters despite higher output from Malaysia.
- Further, prices will also be supported by supply concerns as higher import duty indicating tight supply situation.
- Exports of Malaysian palm oil products for Aug. 1-20 fell 14.7 percent to 679,539 tonnes, from 796,664 tonnes during the July 1-20 period.
- Crude palm oil prices in spot market dropped by 2.00 rupees and settled at 517.30 rupees.
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