CPO trading range for the day is 580.7-592.1.Crude palm oil dropped on profit booking after prices gained after government's decision of higher import duty. Malaysia, the world's second largest producer, last saw monthly output gains of 12.9 percent in October, according to data from an industry regulator. Exports of Malaysian palm oil products for November 1 – 20 fell 6.3 percent to 891,926 tonnes from 951,339 tonnes shipped during October 1 – 20. Crude palm oil prices in spot market gained by 1.90 rupees and settled at 593.20 rupees.
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