CPO trading range for the day is 517-530.4.
CPO dropped on late profit booking tracking weak spot prices after gaining on tracking upbeat global cues
Malaysia, the world's second-largest palm grower, has lowered its crude palm oil export tax for July to 5 percent
Exports of Malaysian palm oil products for June 1-15 fell 7.8 percent to 589,748 tonnes from 639,414 tonnes.
Crude palm oil prices in spot market gained by 6.90 and settled at 525 rupees.
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