Crude palm oil prices dropped on account of ample stocks position in the physical market following higher supplies from major producing belts.
China January-July palm oil imports fell 4.1% to 3.19 million tons on year, government data showed.
Malaysia's crude palm oil output rose in July and end-July stockpiles climbed, a data released by the Malaysian Palm Oil Board showed.
Crude palm oil prices in spot market dropped by 3.60 rupees and settled at 360.20 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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