Crude Palm Oil On MCX Settled Down By -0.54% At 515.7



Crude palm Oil on MCX settled down by -0.54% at 515.7 amid 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. Meanwhile the undertone is expected to remain weak as the Malaysia Palm Oil Board (MPOB) data expected during the week ahead may show nearly 3% rise in stocks month on month.

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