CPO trading range for the day is 514.5-518.9.Crude palm oil dropped as pressure seen after MPOB estimated higher production of palm oil in Malaysia.Malaysia palm oil exports during Apr 1-20 jumped 5% as compared to same period a month ago on higher demand.Moreover, government lowered the base import price of CPO by $22 to $725 per tonnes for 2nd half of April.Crude palm oil prices in spot market dropped by 2.40 rupees and settled at 517.20 rupees.
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