CPO trading range for the day is 493-499.8.
Crude palm oil gains tracking firmness in spot demand after prices seen under due to worries persisted over slowing export demand
Slowing demand after the start of Ramadan cut Malaysian palm oil shipments by as much as 24% during the first 15 days of July
Malaysia’s July fortnightly palm oil exports fell 23 percent to 547,857 tons from the same period of the last month.
Crude palm oil prices in spot market gained by Rs 1.50 and settled at 502.60 rupees.
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