Crude Palm Oil On MCX Settled Down By -1.17% At 533.8


Crude palm Oil on MCX settled down by -1.17% at 533.8 on subdued demand following weak Malaysian palm oil export data from Sep 1-30 period. Malaysia palm oil exports during Sep 1-30 dropped 15% compared to a month earlier on weak demand from China and India & Subcontinent, data showed. Malaysia palm oil exports slipped to 1.37 million tons during Sep 1-30 compared to 1.32 million tons for the same period a month ago, Dow Jones reported citing data from Intertek, a private surveyor. India's palm oil imports from Malaysia declined by 30.88% to 377,225 tons during Sep 1-30 compared to 545,783 tons a month ago.

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