CPO trading range for the day is 542.5-554.5.
* Crude palm oil dropped tracking higher stocks and on forecast that Malaysia’s February palm output will be higher than usual.
* According to USDA monthly report in February, India palm oil imports figures are unchanged at 10.5 mt, up 22% compared to past year imports.
* Palm oil production usually declines during the first quarter of the year in line with seasonal trend.
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