CPO trading range for the day is 453.3-465.7.
Crude palm oil dropped following losses in vegetable oil markets overseas with investors bracing for forecasts of bigger global oilseed supplies.
Imports of CPO has surged 69.30% in August, boosting supplies, data from Solvent Extractors Association.
India's crude palm oil imports jumped to 640,072 tons in August compared to 378,662 tons for the same period a year ago, data showed.
Crude palm oil prices in spot market dropped by 1.80 and settled at 468.90 rupees.
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Crude palm oil dropped following losses in vegetable oil markets overseas with investors bracing for forecasts of bigger global oilseed supplies.
Imports of CPO has surged 69.30% in August, boosting supplies, data from Solvent Extractors Association.
India's crude palm oil imports jumped to 640,072 tons in August compared to 378,662 tons for the same period a year ago, data showed.
Crude palm oil prices in spot market dropped by 1.80 and settled at 468.90 rupees.
Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
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