Crude Palm Oil on MCX settled up by 0.64% at 538.6 on robust festive demand and increase in tariff value for the first half of October. The government increased the base import price of all palm oils, with the steepest hike of $30 per tn for refined, bleached and deodorised palm oil . The base import prices of refined, bleached and deodorised palmolein, and crude palmolein were raised by $28 per tn each.

Trading Ideas:

* CPO trading range for the day is 534.9-543.7.

* Crude palm oil prices ended with gains on robust festive demand and increase in tariff value for the first half of October.

* The government increased the base import price of all palm oils, with the steepest hike of $30 per tn for refined, bleached and deodorised palm oil .

* The stock of CPO as on now at various ports is estimated at 3.4 lakh tonnes compared to 2.7 lakh tonnes in previous month.

* Crude palm oil prices in spot market gained by 0.20 rupees and settled at 541.90 rupees.

For Equity Trading Tips Missed Call >> 9644405056.