Thursday, 29 June 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 29 JUNE 2017

CPO trading range for the day is 486.3-491.1. Crude palm oil ended with losses on weak demand and easing supply worries. Malaysia palm oil exports during June 1-20 slumped 15% compared to same period a month ago on subdued demand. Malaysia palm oil exports dropped to 721,020 tons during June 1-20 compared to 846,705 tons for the same period a month ago. Crude palm oil prices in spot market gained by 2.50 rupees and settled at 490.00 rupees.

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