Thursday, 1 June 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 1 JUNE 2017

CPO trading range for the day is 497.7-511.5.Crude palm oil prices ended with losses amid weak edible oil prices in the domestic market.The government increases the base import prices of Crude palm oil by $9/tonne and RBD by $6/tonne for 2nd half of May.Palm oil import rose 2.25 per cent to 7,52,632 tonnes in April on higher shipment of crude palm oil.Crude palm oil prices in spot market dropped by 4.40 rupees and settled at 519.50 rupees.

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