CPO trading range for the day is 479.1-485.7. Crude palm oil settled flat tracking weakness in spot demand and higher imports of palm oil in the last two months. As per SEA latest release, the imports of palm oil have been higher by 12 lakh tonnes to 72 lt in the calendar year 2017. Palm oil output in Malaysia, jumped by 7% during month of May while exports rose by 17%.Crude palm oil prices in spot market dropped by 3.70 rupees and settled at 486.10 rupees.

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