The benchmark November contract on MCX CPO closed higher Rs 4.80 at Rs 319.50/10 Kg on Thursday, from its high of the day (322.40) and touched a low of 316.30 levels.
The benchmark Jan contract on BMD CPO ended lower at MYR 2247/tonnes on Thursday, down MYR 13/tonnes as compared to previous close, from its high of the day 2254 levels and touched a low of MYR 2232/tonnes.
CBOT December soybean oil futures ended lower at 37.18 cents/pounds on Thursday, down 0.37 cents/pounds as compared to previous close.
As per SGS (Cargo Surveyor, Malaysia) Malaysia‘s palm oil exports during the October was 1.43 million tonnes, up 13% as compared to last month during the same period.
Courtesy: Angel Commodities
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