CPO trading range for the day is 517.4-532.
Crude palm oil ends lower tracking weak sentiments from Malaysia palm oil on higher inventories and strong local currency to increase imports.
Malaysia, crude palm oil output rose 6.5% to 1.65 million tons in May compared to 1.55 million tons in April.
Malaysia has lowered its crude palm oil export tax for July to 5 percent, a government circular showed, the first cut after three months.
Crude palm oil prices in spot market gained by 1.30 and settled at 530.80 rupees.
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