CPO trading range for the day is 557.6-573.8.

Crude palm oil dropped on profit booking tracking weakness in overseas prices as traders were bearish over data showing weaker-than-expected output declines.

According to SEA monthly update, CPO imports were up by 13.1% at 6.70 lakh tonnes in December.

According to USDA monthly report, India imports figures are unchanged at 10.5 mt, up 22% compared to past year imports.

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