Monday, October 23, 2017


  • CPO trading range for the day is 531.4-550.8.
  • Crude palm oil gained tracking firmness in overseas prices despite of weakness in spot prices due to higher imports in September.
  • As of Oct 1, India had 979,000 tn of edible oil in stock at ports, with an additional 16.1 lakh tonnes in the pipeline.
  • Malaysia raised its export duty on palm oil for November and now will be taxed at 6.5% a ton.
  • Crude palm oil prices in spot market gained by 0.50 rupees and settled at 538.20 rupees.


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