12/29/2017 02:49:00 PM
- CPO trading range for the day is 553.7-556.3.
- Crude palm prices dropped on profit booking as Government cuts base import prices of palm oil by $25 to $678 per tonnes also weigh on prices.
- India's palm oil import from Malaysia during Dec 1-25 slipped 15.28% to 135,130 tons compared to 159,510 tons in the same period a month ago, data showed.
- Malaysia palm oil exports during Dec 1-25 jumped 1% compared to same period a month on strong demand from European Union, data showed.
- Crude palm oil prices in spot market dropped by 0.40 rupees and settled at 555.30 rupees.
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