Crude Palm Oil (CPO) Trading Range For The Day Is 623.5-648.3.

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CPO trading range for the day is 623.5-648.3.

 

Crude palm oil ended with gains due to increased buying of inventories at cheapest rates available.

 

Data released by Malaysian Palm Oil Board showed Closing stockpiles of CPO in February stood at 2.47 million tons.

 

Exports of palm oil also slumped by 13.33% to 1.31 million tons compared to 1.51 million tons previous month, MPOB data showed.

 

Crude palm oil prices in spot market dropped by 1.70 rupees and settled at 630.30 rupees.

 

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