Crude Palm Oil On MCX Settled Down By -0.16% At 561

Crude palm Oil on MCX settled down by -0.16% at 561 on weak demand and on higher output from Malaysia. Prices of palm oil were down following weak Malaysian palm oil export data for Sep 1-10. Malaysia palm oil exports during Sep 1-10 dropped 16.72% compared to a month earlier on weak demand from China, European Union and India and Subcontinent, data showed. Malaysia palm oil exports fell to 380,115 tons during Sep 1-10 compared to 456,481 tons for the same period a month ago, Dow Jones reported citing data from Intertek, a private surveyor.

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