Crude Palm Oil (CPO) Trading Range For The Day Is 645.1-657.1

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CPO trading range for the day is 645.1-657.1.

 

Crude palm oil gained tracking firmness in spot demand despite of Malaysian palm oil production is forecast to rise in March from a month earlier.

 

Output of the edible oil usually gains seasonally around the second quarter of the year before peaking in the third quarter.

 

Indonesia's crude palm oil (CPO) exports in February are forecast to have declined from the previous month, a survey showed.

 

Crude palm oil prices in spot market dropped by 2.30 rupees and settled at 637.60 rupees.

 

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