Best Mcx Ncdex Market News On Crude palm Oil

Crude palm Oil settled up by 0.72% at 448.7 on the back of pickup in demand at the spot market. Prices also seen supported on supply worries in domestic and international market. Prices of the palm oil will be supported by supply worries after India's palm oil imports for December month fell. India's Crude palm oil imports slipped 29.24% to 778,815 tons in December compared to 551,058 tons in the same period a month ago

Trading Ideas:
CPO trading range for the day is 443.6-453.6.
Crude palm oil prices ended with gains on the back of pickup in demand at the spot market.
Prices of the palm oil will be supported by supply worries after India's palm oil imports for December month fell.
India's Crude palm oil imports slipped 29.24% to 778,815 tons in December compared to 551,058 tons in the same period a month ago.
Crude palm oil prices in spot market gained by 9.70 rupees and settled at 442.70 rupees.


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