CPO trading range for the day is 541.9-567.5. Crude palm oil gained as prices seen supported on higher tariff value and expectation of further hike in import duty for edible oil.According to SEA release, during Nov-Sep period, crude palm oil import is 57.34 lakh tonnes, up 9.5% from 52.34 lt during the same period of the previous oil year.Indonesia's 2017 palm oil production is estimated to reach 36.5 million tonnes, an increase of 4 million tonnes compared with 2016.Crude palm oil prices in spot market gained by 4.60 rupees and settled at 546.70 rupees.
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