9/11/2018 12:37:00 PM
- CPO trading range for the day is 600.3-610.5.
- Crude palm oil gained with the improving demand from the stockists ahead of festive season.
- Palm oil production is widely expected to rise in the coming months in line with seasonal trends.
- August output is likely to have risen 9.9 percent to 1.65 million tonnes, contributing to higher inventory levels, which are seen hitting a six-month top.
- Crude palm oil prices in spot market gained 2.90 rupees and settled at 607.80 rupees.
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