Crude Palm Oil on MCX settled down by -0.3% at 539.9 on profit booking after prices gained tracking good demand in the physical market and also helped by recent surge in international prices. The prices were also supported due to increase in tariff value for Crude palm oil and higher import duty. Malaysia palm oil exports during Sep 1-20 climbed 25.4% compared to same period a month on strong demand from China, India & Subcontinents and Middle East, data showed.

Trading Ideas:

* CPO trading range for the day is 533.7-547.5.

* Crude palm oil dropped on profit booking after prices gained tracking good demand in the physical market and also helped by recent surge in international prices.

* Malaysia palm oil exports during Sep 1-20 climbed 25.4% compared to same period a month on strong demand.

* Malaysia's palm oil exports to India during Sep 1-20 spurted 95.07% to 174,100 tons compared to 89,250 tons imported during Aug 1-20.

* Crude palm oil prices in spot market dropped by 0.90 rupees and settled at 543.30 rupees.

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