Tuesday, 1 August 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 01 AUGUST 2017

CPO trading range for the day is 486-497.4. Crude palm oil ended with gains tracking firmness in spot demand amid hopes of higher import duty. India's Crude palm oil imports climbed by 37.73% in June to 572,388 tons compared to 415,580 tons imported during June 2016. Malaysia palm oil exports during July 1-20 jumped 10.5% compared to same period a month ago.Crude palm oil prices in spot market gained by 5.00 rupees and settled at 491.50 rupees.

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