CPO trading range for the day is 537.7-558.1.
CPO settled down on tracking weak global cues on speculation of lower exports from Malaysia and Indonesia.
Indonesia's and Malaysia's exports are likely to decline 4% in 2014 due to poor production growth, and lower international demand.
Malaysian palm oil stocks inched up to a three-month high in April as output of the tropical oil continued to rise, a survey showed.
Crude palm oil prices in spot market dropped by 2.90 and settled at 549.30 rupees.
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