Friday, 11 August 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 11 AUGUST 2017

CPO trading range for the day is 475.8-505.6. Crude palm oil ended with gains tracking firmness in spot demand and overseas prices.During the first 8 months of current oil year, the imports are higher by 5.7% to 59.21 lt compared to 56 lt last year same period. Malaysia palm oil exports during Aug 1-10 dropped 1.4% compared to same period a month. Crude palm oil prices in spot market dropped by 0.50 rupees and settled at 479.80 rupees.

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