CPO trading range for the day is 464.53-469.73.
Crude palm oil ended with losses tracking weakness in spot demand and overseas prices as weak exports weighed.
Exports of Malaysian palm oil products for the first 15 days of May fell 7.6 percent to 599,300 tonnes from 648,275 tonnes
Official data showed the country's palm oil stocks fell to 1.93 million tonnes in end-April.
Crude palm oil prices in spot market dropped by Rs 3.50 and settled at 466.80 rupees.
GET FREE
MCX TIPS , EQUITY TIPS, COMMODITY TIPS FREE TRIAL , NCDEX TIPS , AGRI COMMODITY TIPS , SHARE MARKET TIPS, STOCK MARKET TIPS, Intraday Stock Tips, CLICK HERE FOR FREE TRIAL
GET FREE TRIAL +91 731 6642300
Crude palm oil ended with losses tracking weakness in spot demand and overseas prices as weak exports weighed.
Exports of Malaysian palm oil products for the first 15 days of May fell 7.6 percent to 599,300 tonnes from 648,275 tonnes
Official data showed the country's palm oil stocks fell to 1.93 million tonnes in end-April.
Crude palm oil prices in spot market dropped by Rs 3.50 and settled at 466.80 rupees.
GET FREE
MCX TIPS , EQUITY TIPS, COMMODITY TIPS FREE TRIAL , NCDEX TIPS , AGRI COMMODITY TIPS , SHARE MARKET TIPS, STOCK MARKET TIPS, Intraday Stock Tips, CLICK 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.