CPO trading range for the day is 544.2-554.8.
Crude palm oil ended with losses tracking weakness in spot demand and overseas prices as weakness in competing soy markets continued.
Exports of Malaysian palm oil products from Dec. 1 to 15 fell 14.1 percent to 640,240 tonnes from 744,975 tonnes.
Monsoon rains in Malaysia complicated harvesting in several plantations hit by floods, potentially tightening supplies of the tropical oil and propping up palm prices
Crude palm oil prices in spot market dropped by 3.20 and settled at 546.80 rupees.
Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
No comments:
Post a Comment
Note: only a member of this blog may post a comment.