Crude Palm Oil Prices Gained Tracking Firmness In Spot Demand

CPO trading range for the day is 511.2-520.8.

Crude palm oil prices gained tracking firmness in spot demand and overseas prices after upbeat official industry data from MPOB.

Malaysian palm oil stockpiles fell to a 10-month low at end-May, according to official data, extending monthly falls since March.

Stockpiles at end-May in Malaysia, fell 10.3% to 2.45 million tonnes from the previous month.

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