3/06/2019 12:05:00 PM
- CPO trading range for the day is 542.7-561.3.
- CPO dropped pressured by forecast that Malaysia’s February palm output will be higher than usual.
- Output in Malaysia, fell 3.9 percent to 1.74 million tonnes last month, data from the Malaysian Palm Oil Board showed.
- Malaysia kept its export duty on crude palm oil for March at zero percent, according to a circular on the Malaysian Palm Oil Board's website.
- Crude palm oil prices in spot market dropped by 1.30 rupees and settled at 547.00 rupees.
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