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Crude palm oil rises to fresh high in domestic market; bulls unlikely to take a breather anytime soon
December 3, 2019 | By Moneycontrol.com
business
Looking at the supply side, both largest palm oil producing countries (Indonesia and Malaysia) have registered a surprised decline in stocks for last month, which has fuelled the rally in BMD CPO
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Ravindra Rao Intraday on December 3, MCX crude palm oil (CPO) touched a fresh peak of Rs 685 per 10 kg. Being the largest palm oil importing nation, India derives its palm oil price value from its foreign counterpart, Bursa Malaysia Derivative (BMD). Apart
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