CPO trading range for the day is 591.7-599.1. Crude palm oil prices ended with gains amid supply worries from Malaysia and on strong Malaysian palm oil export data for Dec 1-15. Stock continues to be on a five year low keeping the supply tightness story intact. As per MPOB Palm oil output may rise by 12 % this year to 19.4 million tons from 17.4 million tons in 2016. Crude palm oil prices in spot market dropped by 0.90 rupees and settled at 601.10 rupees.
For
MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664
No comments:
Post a Comment