Monday, 29 January 2018

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 29 JANUARY 2018

CPO trading range for the day is 567.8-581.8.Crude palm oil gained tracking global cues amid supply worries from Malaysian and hope of improvement in demand.Exports of Malaysian palm oil products for Jan. 1-25 fell 7 percent to 1,013,897 tonnes, down from 1,090,622 tonnes in the same period during December.Malaysia palm oil exports during Jan 1-25 dropped to 1.01 million tons compared to 1.09 million tons for the same period a month ago. Crude palm oil prices in spot market gained by 2.90 rupees and settled at 558.80 rupees.



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