Prices of the palm oil climbed after USDA cuts its forecast for Malaysian palm oil production for 2015 to 20 million tons instead of 20.5 million tons.
Meanwhile, an energy ministry official of Indonesia has said that president Joko Widodo has signed palm export levy to fund biodiesel.
Crude palm oil prices in spot market dropped by 1.50 and settled at 447.50 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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