Tuesday, 11 July 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 11 JULY 2017

CPO trading range for the day is 485.4-497.4.Crude palm oil prices ended with gains tracking firmness in spot demand and overseas prices on supply worries.Palm oil prices may continue to trade firm on production concerns at the major producing nation.The Palm oil inventories in Malaysia may rise by 1.9 percent from a month earlier to 1.59 million tons. Crude palm oil prices in spot market gained by 0.70 rupees and settled at 494.40 rupees.

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