Tuesday, 30 May 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 30 MAY 2017

CPO trading range for the day is 491.6-504.2.Crude palm oil prices ended with losses tracking weakness in spot demand amid higher stockpiles.However downside seen limited tracking global cues amid robust Malaysian palm oil export data.Malaysia palm oil exports during May 1-15 jumped 9% as compared to same period a month ago on robust demand.Crude palm oil prices in spot market dropped by 4.10 rupees and settled at 515.40 rupees.

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