Tag Archives: MCX CPO Report for trading

MCX CPO Report for Today Trading

MCX CPO closed little lower weighs down by weak oil and oil seed prices in the country. Earlier in the month the prices have been under pressure due to cut in the base import prices of refined, bleached and deodorized palm oil, refined, bleached and deodorized palmolein and crude palmolein by $12 per tonne each for first half of August.

Malaysian palm oil futures rose to a one-week high on Wednesday but corrected late in the session on anticipation of higher output data to be released on Thursday.