Crude Palm Oil on MCX settled up by 0.15% at 542 supported by gains in overseas soyoil and a rise in October exports. Although the Malaysian Palm Oil Association (MPOA) released higher production figures, the market was not stirred as it was already factored in. The MPOA data release for Oct. 1-20 shows production is up by 10.5 percent, which is expected and therefore, not affecting the market.

Trading Ideas:

* CPO trading range for the day is 539.1-546.3.

* Crude Palm Oil prices gained supported by gains in overseas soyoil and a rise in October exports.

* Exports of Malaysian palm oil products for October 1 – 25 rose 8.6 percent to 1,177,939 tonnes from 1,085,116 tonnes shipped during September 1 – 25.

* The MPOA data release for Oct. 1-20 shows production is up by 10.5 percent, which is expected and therefore, not affecting the market.

* Crude Palm Oil prices in spot market gained by 1.40 rupees and settled at 543.00 rupees.

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