Crude palm oil prices dropped tracking weakness in spot demand amid higher stocks in domestic markets.
Malaysia’s June 1-20 palm oil exports fell 9.5 percent to 897,936 tons compared from 992,313 tons in the corresponding period last month.
Malaysia's palm oil stocks likely hit a 10-month low by end-May, logging a third straight month of fall due to a dip in output and rise in exports.
Crude palm oil prices in spot market gained by 3.10 rupees and settled at 511.70 rupees.
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