India, Sept. 11 -- Technically Crude Palm Oil market is under fresh buying as market has witnessed gain in open interest by 0. 58% to settled at 4317 while prices up 0.1 rupees.
Now MCX Crude Palm Oil is getting support at 757.8 and below same could see a test of 752.7 levels and resistance is now likely to be seen at 768.2 a move above could see prices testing 773.5.
Crude Palm Oil yesterday settled up by 0.01% at 763 amid stronger September exports but expectations of poor demand in September as top producers Malaysia and Indonesia increase their output capped gains.
Malaysia's palm oil stocks rose 0.06% to 1.7 million tonnes at the end of August from the previous month its first monthly increase since April according to data by indust...