Wednesday, 2 August 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 02 AUGUST 2017

CPO trading range for the day is 485.9-494.9.Crude palm oil ended with gains due to consideration of raising import duty on palm oils by the government. 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. According to data by the SEA, India's monthly requirement of the commodity is about 17.5 lt, sufficient for about 30 days. Crude palm oil prices in spot market dropped by 0.60 rupees and settled at 490.30 rupees.



For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664

No comments:

 
biz.