Crude Palm Oil (CPO) Trading Range For The Day Is 553-580.8

Crude Palm Oil (CPO) trading range for the day is 553-580.8. Crude palm oil ended with losses tracking global cues amid lack of fresh trigger and easing supply worries. Data released by Indonesian palm oil association showed palm oil stockpiles in October month climbed by 16% from September to 3.4 million tons. 

Imports of Crude Palm Oil during November month also rose by 0.39% to 559,584 tons compared to 557,364 tons in the same period a year ago. Crude Palm Oil prices in spot market dropped by 5.60 rupees and settled at 560.70 rupees.

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