CPO trading range for the day is 524.6-534.
CPO settled down on profit booking after prices gained tracking positive sentiments from Malaysian palm oil data Indonesia lowered its crude palm oil export tax to 10.5 percent in July from 12 percent in June. India's palm oil imports rose 22 percent to 654,255 tonnes in May from a month ago.
Crude palm oil prices in spot market dropped by 0.20 and settled at 535.80 rupees.
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