CPO trading range for the day is 453.7-469.9.
Crude palm oil ended with gains buoyed by robust demand and expectations that output would drop this month.
Furthermore, limited stocks position in physical market following restricted arrivals from the major producing belts also supported.
Malaysia's export duty for crude palm oil was set at 4.5 percent for September, down from 5.0 percent in August.
Crude palm oil prices in spot market gained by 5.00 and settled at 474.00 rupees.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
Crude palm oil ended with gains buoyed by robust demand and expectations that output would drop this month.
Furthermore, limited stocks position in physical market following restricted arrivals from the major producing belts also supported.
Malaysia's export duty for crude palm oil was set at 4.5 percent for September, down from 5.0 percent in August.
Crude palm oil prices in spot market gained by 5.00 and settled at 474.00 rupees.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
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