Crude palm oil ended with losses due to weak international prices and spot demand due to higher stocks.
Indonesia's shipment of palm oil and palm kernel oil dropped 7 percent to 2.39 million tonnes in April from a year earlier.
Indonesian Palm Oil Association said the country exported 2.40 million tonnes of palm and palm kernel oils in March, slightly down. Crude palm oil prices in spot market dropped by 1.80 rupees and settled at 651.10 rupees.
Subscribe now for best MCX Tips and NCDEX Tips
For quick free trial click here > 911 133 9000
No comments:
Post a Comment