Monday, 3 July 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 03 JULY 2017

CPO trading range for the day is 475.7-486.1. Crude palm oil ended flat as prices pared gains on profit booking after earlier some support seen driven by a firm demand. Exports of Malaysian palm oil products for June fell 8.9 percent to 1,190,583 tonnes from 1,306,374 tonnes shipped during May. China's palm oil imports from Malaysia during June 1-10 26,900 tons as compared to 20,630 tons in the same period a month ago. Crude palm oil prices in spot market gained by 2.00 rupees and settled at 492.50 rupees.

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