Showing posts with label CPO Trading Tips. Show all posts
Showing posts with label CPO Trading Tips. Show all posts

Wednesday, 11 December 2019

CPO trading range for the day is 714.9-735.7

* CPO trading range for the day is 714.9-735.7.

* Crude palm oil dropped on profit booking after prices gained tracking firmness in Malaysian palm oil prices on fears that supply is set to fall sharply.

* According to reports, Malaysian palm oil production would show a 10% monthly fall in November.

* According to Indonesia trade ministry, Indonesia kept Dec crude palm oil export duty unchanged at zero.

* Crude palm oil prices in the spot market gained by 13.30 rupees and settled at 717.30 rupees.

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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.

MCX Commodity Live Tips