Friday, 26 May 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 26 MAY 2017

CPO trading range for the day is 517.5-523.5.Crude palm oil settled flat on profit booking after seen supported on strong demand ahead of festive season.Malaysia palm oil exports during May 1-25 jumped 16% as compared to same period a month ago on robust demandChina’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 gained by 1.30 rupees and settled at 523.90 rupees.

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