Thursday, 16 May 2013

CPO trading range for the day is 464.53-469.73.
Crude palm oil ended with losses tracking weakness in spot demand and overseas prices as weak exports weighed.
Exports of Malaysian palm oil products for the first 15 days of May fell 7.6 percent to 599,300 tonnes from 648,275 tonnes
Official data showed the country's palm oil stocks fell to 1.93 million tonnes in end-April.
Crude palm oil prices in spot market dropped by Rs 3.50 and settled at 466.80 rupees.

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