CPO trading range for the day is 559.1-568.9.
Crude palm oil dropped due to weaker international prices and higher imports and forecasts of rising production.
Palm oil production forecast to rise in the last quarter of the year in line with the seasonal trend.
Global palm oil output will climb by nearly 2.5 million tonnes in 2019, although growth will slow in top producer Indonesia.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
Crude palm oil dropped due to weaker international prices and higher imports and forecasts of rising production.
Palm oil production forecast to rise in the last quarter of the year in line with the seasonal trend.
Global palm oil output will climb by nearly 2.5 million tonnes in 2019, although growth will slow in top producer Indonesia.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
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