yesterday traded with the positive node and settled 0.02% up at 525.7 after trading in range for the day. In yesterday's trading session Crude Palm oil has touched the low of 525.5 after opening at 527, and finally settled at 525.7. For today's session market is looking to take support at 524.5, a break below could see a test of 523.2 and where as resistance is now likely to be seen at 528, a move above could see prices testing 530.2. Spread between Crude Palm oil DEC & JAN contracts yesterday ended at 3.50. Spread yesterday traded in the range of 3.4 to 4.2.

Trading Ideas:

Crude Palm OIl trading range is 523.3333-530.3333.

Crude Palm oil yesterday traded with the positive node and settled 0.02%

Crude Palm oil looks to have a support at 524.50.

Resistance for crude palm oil is at 528.

Spot prices for crude palm oil settled at 525.10 rupees per 10 kg.