Monday 11 September 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 11 SEPTEMBER 2017

CPO trading range for the day is 524.6-537.2. Crude palm oil ended with gains as the European Union (EU) mulled action on anti-dumping duties. The prices were supported due to increase in tariff value and higher demand for coming festival season coupled with higher import duty also supports prices. Malaysia palm oil exports during Aug 1-31 fell 0.79% compared to same period a month on subdued demand. Crude palm oil prices in spot market gained by 2.20 rupees and settled at 534.70 rupees.



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