- CPO trading range for the day is 584.3-592.3.
- Crude palm oil ended with losses tracking weakness in spot demand amid easing supply worries.
- However there is expectation that increased import duty will support strong physical buying in domestic market.
- Data showed total stocks of palm oil both at port and pipeline as on Nov 1 stood at 330,000 tons compared to 300,000 tons in the same period
- Crude palm oil prices in spot market dropped by 2.40 rupees and settled at 591.30 rupees.
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