CPO trading range for the day is 531.4-550.8. Crude palm oil gained tracking firmness in overseas prices despite of weakness in spot prices due to higher imports in September. As of Oct 1, India had 979,000 tn of edible oil in stock at ports, with an additional 16.1 lakh tonnes in the pipeline. Malaysia raised its export duty on palm oil for November and now will be taxed at 6.5% a ton.Crude palm oil prices in spot market gained by 0.50 rupees and settled at 538.20 rupees.
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