CPO: unlikely to fall more - 16 May, 2016

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CPO (Crude palm oil) at kandla felt by Rs 50 to Rs 5500 per quintal due to importers selling amidst weak demand from Vanaspati ghee makers. While it price in the international market held flat at $ 710 per tonne. Recently, CPO has witnessed a loss of Rs 150. CPO is unlikely to fall more in the coming days.

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