CPO trading range for the day is 516.9-539.7. Crude palm oil ended with gains tracking firmness in spot demand and overseas prices. According to cargo surveyor SGS, Malaysia’s August palm oil exports fell 0.1 percent to 1,259,240 from 1,260,143 tons last month. Recently government raised import duty on crude palm oil to 15% from 7.5%, and on refined palm oil to 25% from 15%. Crude palm oil prices in spot market gained by 1.60 rupees and settled at 532.50 rupees.
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