Thursday, 28 September 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 28 SEPTEMBER 2017

CPO trading range for the day is 530.9-549.9.Crude palm oil ended with losses amid weak demand in domestic market and overseas prices.India’s palm oil imports from Malaysia during Sep 1-25 spurted 77.77% to 196,000 tons compared to 110,250 tons imported during Aug 1-25, data showed.Palm oil imports by China from Malaysia during Sep 1-25 rose 68.36% to 248,932 tons compared to 147,850 tons in the same period a year ago.Crude palm oil prices in spot market gained by 1.10 rupees and settled at 550.40 rupees.

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