CPO trading range for the day is 483.8-497. Crude palm oil ended with gains on short covering tracking firmness in spot demand after prices dropped due to good supplies. According to data by the Solvent Extractors' Association of India, India's monthly requirement is about 17.5 lt, sufficient for about 30 days.China's palm oil imports from Malaysia during June 1-20 climbed 37.71% to 120,226 tons compared to 87,300 tons a month ago. Crude palm oil prices in spot market gained by 4.50 rupees and settled at 488.60 rupees.
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