CPO trading range for the day is 457.6-469.2.
Crude palm oil ended with losses tracking weakness in spot market demand.
Robust palm oil export demand and lower-than-expected inventory levels eventually outweighed the bearish USDA data
MPOB reported an inventory level for March at 2.17 million tonnes as exports rose as much as 10% on a monthly basis.
Crude palm oil prices in spot market dropped by Rs 2.80 and settled at 461.20 rupees.
GET FREE MCX TIPS , COMMODITY TIPS FREE TRIAL , SHARE MARKET TIPS , COMMODITY TRADING TIPS , SHARE MARKET TIPS, STOCK MARKET TIPS, Intraday Stock Tips, INTRADAY TIPS
CLIK HERE FOR FREE TRIAL GET FREE TRIAL +91 731 6642300
No comments:
Post a Comment
Note: only a member of this blog may post a comment.