CPO On MCX Settled Down -0.63% At 501.5

CPO on MCX settled down -0.63% at 501.5 amid profit booking following weak Malaysian palm oil export data. Malaysia palm oil exports during June 1-30 slipped 8.13% compared to a month earlier on subdued demand from India and Subcontinents, data showed. Malaysia palm oil exports dropped to 1.13 million tons during June 1-30 compared to 1.23 million tons for the same period a month ago, Dow Jones reported citing data from Intertek, a private surveyor.

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