CPO trading range for the day is 451.4-471.8.
Crude palm oil dropped following losses in vegetable oil markets overseas with investors bracing for forecasts of bigger global oilseed supplies
Malaysia palm oil export jumped 34% to 315,390 tons in the first 15 days of September compared to 142,057 in same period a month ago.
Crude palm oil imports by India & subcontinent jumped to 502,599 tons in August compared to 367,895 tons a month earlier.
Crude palm oil prices in spot market gained by 6.20 and settled at 470.70 rupees.
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