CPO trading range for the day is 460.8-472.6.
Crude palm oil prices dropped on profit booking after prices gained on supply worries from Indonesia and Malaysia.
Prices downside seen limited after Indonesia, timed CPO output around 5% in January from December.
Palm oil output fell 15% to 1.16 million tons as of January end compared to 1.36 million tons a month earlier.
Crude palm oil prices in spot market gained by 4.60 and settled at 457.70 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.