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Crude palm oil futures on India's Multi Commodity Exchange fell 0.80% to Rs 643 per 10 kg for May delivery. Speculators took profits at higher levels, and spot demand declined amid ample supplies from producing regions.
Lower spot demand and ample supply in India weigh on palm oil prices in a key importing market, supporting a softer outlook for vegetable oil costs.
business-standard.comPress Trust of IndiaApr 30, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
