Wednesday 27 September 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 27 SEPTEMBER 2017

CPO trading range for the day is 538.8-549.Crude palm oil gains taking positive cues from spot market on strong demand.Malaysia palm oil exports during Sep 1-25 climbed 16.1% compared to same period a month on strong demand from China, India & Subcontinents and Middle East.India's p-alm oil imports from Malaysia during Sep 1-25 dropped to 25.15% to 121,200 tons compared to 161,940 tons in the same period a year ago, data showed.Crude palm oil prices in spot market gained by 4.50 rupees and settled at 549.30 rupees.

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