CPO trading range for the day is 445.4-456.4.
Crude palm oil ended with losses as weak trend in spot markets following comfortable stocks position weighed on prices.
Malaysian palm stocks grew to their highest in 18 months at end-September, industry data showed.
Industry regulator the Malaysian Palm Oil Board said that palm oil stocks in Malaysia rose 1.8 percent from a month ago to 2.09 million tonnes. Crude palm oil prices in spot market dropped by 4.30 and settled at 454.10 rupees.
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Crude palm oil ended with losses as weak trend in spot markets following comfortable stocks position weighed on prices.
Malaysian palm stocks grew to their highest in 18 months at end-September, industry data showed.
Industry regulator the Malaysian Palm Oil Board said that palm oil stocks in Malaysia rose 1.8 percent from a month ago to 2.09 million tonnes. Crude palm oil prices in spot market dropped by 4.30 and settled at 454.10 rupees.
For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704
JOIN US TODAY AND TAKE FREE TRAIL....
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