Friday, 8 February 2019

Crude Palm Oil Gained Supported On The Back Of Expectations Of Easing Inventory Levels

CPO trading range for the day is 567.6-575.6.

Crude palm oil gained supported on the back of expectations of easing inventory levels.

Indonesia's 2018 exports of palm oils, including oleochemical and biodiesel shipments, rose 8 percent from a year earlier to 34.6 million tonnes.

Cargo surveyor Intertek Testing Services said exports of Malaysian palm oil products for January rose 14.7 percent.

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