Monday 25 September 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 25 SEPTEMBER 2017

CPO trading range for the day is 538.8-548.6.Crude palm oil prices ended with gains amid good demand in the physical market.The prices were also supported due to increase in tariff value for Crude palm oil and higher import duty.Palm oil imports by China from Malaysia during Sep 1-20 jumped 58.11% to 178,432 tons compared to 112,850 tons in the same period a year ago.Crude palm oil prices in spot market gained by 3.50 rupees and settled at 546.50 rupees.

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