Monday, 5 June 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 05 JUNE 2017

CPO trading range for the day is 487.1-500.5.Crude palm oil ended with losses on muted demand in local mandis and higher stockpiles.Crude palm oil imports climbed by 28.23% in April to 511,139 tons as compared to 398,606 tons imported during April 2015.Indonesia's CPO output in April rose to 3.1 million tons compared to 2.9 million tons in March, data showed. Crude palm oil prices in spot market dropped by 0.90 rupees and settled at 509.70 rupees.

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