CPO trading range for the day is 518.3-525.5. Crude palm oil prices gained on higher demand hope following improved Malaysian palm oil export data. Palm oil prices were up after Malaysian government hinted on rise in the minimum bio content in bio-diesel, which will boost palm oil consumption. Malaysia palm oil exports during July 1-20 climbed 14% compared to a month earlier on improved demand from China, India and European Union, data showed. Crude palm oil prices in spot market gained by 1.30 rupees and settled at 523.60 rupees.
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