CPO trading range for the day is 535.6-540.4. Crude Palm Oil prices gained as support seen from global prices on support from improving exports and strong physical prices. The market was also supported by concerns about a potential El Nino weather pattern returning this year. Government has cut base import prices for palm products in India for the third successive fortnight making prices cheaper to import. Crude palm oil prices in spot market gained by 0.80 rupees and settled at 538.90 rupees.
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