EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 02 MAY 2017

CPO trading range for the day is 486-496.Crude palm oil gained on short covering despite of weak Malaysian palm oil export data.Malaysia palm oil exports during Apr 1-25 slipped 3% as compared to same period a month ago.India's palm oil imports from Malaysia during Apr 1-25 fell by 24.23% to 155,400 tons as compared to 205,100 tons imported during Mar 1-25.Crude palm oil prices in spot market dropped by 2.30 rupees and settled at 515.00 rupees.

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