Thursday, 14 December 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 14 DECEMBER 2017

CPO trading range for the day is 558-564.Crude palm oil prices dropped tracking weakness in spot demand and overseas prices on weak export demand. Societe Generale de Surveillance said exports during Dec. 1-10 fell 22.9 percent from a month earlier. Malaysian palm oil inventories rose to their highest in nearly two years in November, data from a government body showed.Crude palm oil prices in spot market dropped by 1.60 rupees and settled at 565.00 rupees.

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