Crude Palm oil yesterday traded with the positive node and settled 1.68% up at 496 tracking gains in overseas market as exports surged from Malaysia, the world’s second-biggest grower, and as concerns grew that rains may hamper harvests in the main producing regions. In yesterday's trading session Crude Palm oil has touched the low of 491.7 after opening at 491.7, and finally settled at 496. For today's session market is looking to take support at
492.9, a break below could see a test of 489.9 and where as resistance is now likely to be seen at 497.8, a move above could see prices testing 499.7.

Crude Palm OIl trading range is 489.7333-499.5333.

Crude Palm oil settled higher tracking gains in overseas market

Crude Palm oil looks to have a support at 492.90.

Resistance for crude palm oil is at 498.80.

Spot prices for crude palm oil gained 4.50 rupees and settled at 491.50 rupees per 10 kg.