Monday, 4 December 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 04 DECEMBER 2017

CPO trading range for the day is 580.9-587.5.Crude palm oil ended with losses tracking weakness in spot demand and overseas prices. For the second half of Nov, base import price for crude palm oil and refined, bleached and deodorised palm oil were raised by $8 per tn each. Production in Malaysia, the world's second largest producer after Indonesia, last rose 12.9 % by the end of October, according to industry regulator data.Crude palm oil prices in spot market dropped by 5.10 rupees and settled at 582.00 rupees.

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