Thursday, 3 August 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 03 AUGUST 2017

CPO trading range for the day is 483.1-491.7. Crude palm oil dropped tracking weakness in spot demand higher stockpiles in the local market. 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 rose to 796,664 tons during July 1-20 compared to 721,020 tons for the same period a month ago. Crude palm oil prices in spot market dropped by 3.20 rupees and settled at 487.10 rupees.



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