1/22/2019 01:28:00 PM
- CPO trading range for the day is 548.8-561.2.
- Crude palm oil gained tracking firmness in spot demand and overseas prices on forecast of declining production in the coming months and improving export data.
- Palm oil output in Malaysia, the world's second-largest producer, is forecast to rise to 20.3 million tonnes this year.
- Indonesia's palm oil production is expected to rise by 10 percent this year, the country's industry association said.
- Crude palm oil prices in spot market gained by 2.30 rupees and settled at 547.10 rupees.
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