Friday 24 May 2019

CPO (Crude palm oil) trading range for the day is 507.9-515.3

* CPO trading range for the day is 507.9-515.3.

* Crude palm oil dropped pressured by worries over U.S.-China trade relations and bearish sentiment due to higher-than-forecast output in Malaysia weighed.

* Malaysia's may 1-20 palm oil exports seen at 969,767 tonnes versus April 1- 20 at 892,477 tonnes.

* Indonesia's palm and palm kernel oil exports in March rose 15.8% from the same month a year earlier to 2.78 million tonnes, the GAPKI data showed.

* Crude palm oil prices in spot market dropped by 5.20 rupees and settled at 509.30 rupees.

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