Tuesday, 20 February 2018

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 20 FEBRUARY 2018

CPO trading range for the day is 575.6-583.6. Crude palm oil ended with gains due to strong demand tracking higher export data from Malaysia. Malaysia palm oil exports during Feb 1-15 jumped 12.4% compared to same period a month on improved demand. CPO data on port and pipeline climbed to 355,000 tons compared to 345,000 tons a month ago, SEA of India data showed.Crude palm oil prices in spot market gained by 4.50 rupees and settled at 575.70 rupees.

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