Crude palm oil ended with gains on the back of rise in demand in the physical domestic and overseas market.
India’s palm oil imports probably dropped in April as higher taxes on shipments curbed demand in the world’s biggest buyer.
EU 2017/18 palm oil imports stood at 5.4 million tonnes, up 3 percent from 5.3 million tonnes a year earlier.
Crude palm oil prices in spot market gained by 8.40 rupees and settled at 655.40 rupees.
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