CPO trading range for the day is 522.5-529.3.
CPO settled down tracking weakness in spot demand and overseas prices amid bumper harvest last year in both Malaysia and Indonesia.
Stockpile concerns were further fanned after the European Union announced plans to phase out use of palm oil in renewable transport fuel by 2030.
Global palm oil demand may suffer its first contraction in two decades during the 2019/20 crop year due to rising domestic oilseed supplies.
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