Monday, 22 May 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 22 MAY 2017

CPO trading range for the day is 508.8-525.8.Crude palm oil ended with gains tracking global cues on higher Malaysian palm oil export data. India's palm oil imports from Malaysia during May 1-15 more than doubled to 135,400 tons as compared to 58,500 tons imported during Apr 1-15. Indonesia, the world's top palm oil producer, mulling palm oil export tax overhaul to support biofuel Crude palm oil prices in spot market gained by 3.80 rupees and settled at 522.80 rupees.



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