- CPO trading range for the day is 480.1-488.5.
- Crude palm oil ended with losses amid higher stockpiles in domestic market and prospects of robust output from Indonesia.
- Further, subdued demand following weak Malaysian palm oil export data will also keep prices down.
- Market participant expects CPO output from Malaysia during July month to rise following estimates of higher production between July 1-10.
- Crude palm oil prices in spot market dropped by 3.20 rupees and settled at 484.80 rupees.
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