18/01/2012 (Moneycontrol.com) - Nirmal Bang has come out with its report on CPO. As per the research firm CPO is expected to to trade lower today.

Soy oil ended lower by 0.27%. Palm oil ended lower by 0.06%. RM seed ended lower by 0.22%. India oilseeds and soy oil futures ended lower on a rise in edible oil imports last month and tracking soft overseas markets, with prices were expected to continue their fall this week. In the Indore spot market, soy oil fell 1.05 rupees at 711.20 per 10 kg, while soybean gained 10 rupees at 2,459 per 100 kg. At Sri Ganganagar in Rajasthan state, rapeseed dropped 40 rupees at 3,507.50 per 100 kg.

Exports of Malaysian palm oil products for Jan. 1-15 fell 11.3 percent to 575,833 tonnes from 649,138 tonnes shipped during Dec. 1-15, cargo surveyor Societe Generale de Surveillance said on Monday. Outlook for Soybean is seen down for the day. CPO is expected to trade lower.