Thursday, 25 May 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 25 MAY 2017

CPO trading range for the day is 515.4-526.6.Crude palm oil prices ended with losses tracking drop of prices in international prices and spot market demand.As per SEA, During Nov.’16 – Apr.’17, Import of palm oil decreased to 43 lt from 43.4 lt during the same period of last year.China’s April palm oil imports rose 54.6 percent to 4.24 lakh tons compared to April 2016.Crude palm oil prices in spot market dropped by 4.10 rupees and settled at 522.60 rupees.

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