Crude Palm Oil Market Update News
Crude palm Oil on MCX tips settled up by 0.47% at 581.5 tracking firmness in spot demand and overseas prices on supply worries from Malaysia. Palm oil stock at various ports of the country was totalled 261,000 tons against 415,000 tons during same period last year. The production concerns in Malaysia and Indonesia along with higher export duties and tariff may push prices at domestic move up.
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