Wednesday, 7 August 2019

CPO Settled Up On Short Covering After Prices Dropped On Anticipation

CPO trading range for the day is 520.2-533.8.

CPO settled up on short covering after prices dropped on anticipation of addition to falling export prospects for Malaysian palm oil.

India's refined palm oil imports seen rising to record - SEA

Malaysia's July palm oil exports seen at 1,379,850 tonnes versus June at 1,357,614 tonnes Crude palm oil prices in the spot market gained by 3.00 rupees and settled at 523.10 rupees.

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