CPO Trading Range For The Day is 584.3-589.3.

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Crude palm Oil settled flat tracking weakness in spot demand and on expectation of higher supply. Prices of the oil will be down on expectation of higher supply from Malaysia and Indonesia, the world's top palm oil producer. However, sharp fall in the prices will be cushion by higher demand from export market. 

 
http://www.ripplesadvisory.com

Indonesia's crude palm oil (CPO) output likely fell slightly in December, ending a seven-month run of gains. CPO production in the South-East Asian nation likely eased to 3.22 million tons in December from 3.31 million tons in November, according to the median estimate in a survey. Malaysia palm oil exports during Jan 1-25 rose 9% compared to a month earlier on strong demand from Middle East, data showed. Malaysia palm oil exports climbed to 924,282 tons during Jan 1-25 compared to 845,441 tons for the same period a month ago, DowJones reported citing data from Intertek, a private surveyor. 

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