Friday 1 September 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 01 SEPTEMBER 2017

CPO trading range for the day is 509.3-523.7.Crude palm oil ended with gains on the back of rising demand in the domestic spot market. Moreover, expectation of higher demand for coming festival season and higher import duty also supports prices. According to SEA release, during November-July period, palm oil import increased to 67.41 lakh tonnes from 61.75 lakh tonnes.Crude palm oil prices in spot market dropped by 2.00 rupees and settled at 517.30 rupees.



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