Thursday, 8 June 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 08 JUNE 2017

CPO trading range for the day is 484-498.6. Crude palm oil ended with losses despite of good jump in soy oil and oilseed prices in the market.Crude palm oil base import price ups to $739/tonne against $711/tonne while RBD palm oil base import price to $752/tonne. Palm oil output in Indonesia and Malaysia is set to rise in the 2nd half of this year due to seasonal increase.Crude palm oil prices in spot market dropped by 0.50 rupees and settled at 506.80 rupees.



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