Tuesday, 30 January 2018

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 30 JANUARY 2018

CPO trading range for the day is 571.9-583.1. Crude palm oil ended with gains tracking firmness in other oilseed counters on expectations demand will recover.Palm oil output in the world's top two producing countries is forecast to climb to new highs this year as output fully recovers from its El Nino-stunted 2017 level. India's palm oil import growth potential will be capped by the availability of competing rival oils.Crude palm oil prices in spot market gained by 2.80 rupees and settled at 561.60 rupees.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664

No comments: