Wednesday, 16 May 2018

EPIC RESEARCH NCDEX CRUDE PALM OIL OF 16 MAY 2018

CPO trading range for the day is 652.3-665.3.

Crude palm settled down tracking weakness in spot demand despite of firmness in overseas prices.

Further, cut in base import prices for the 1st half of May kept prices lower in first week.

MPOB showed April end-stocks in Malaysia, dropped 6.4 percent from the previous month to 2.17 million tonnes, their lowest since September.

Crude palm oil prices in spot market gained by 2.80 rupees and settled at 653.60 rupees.

Subscribe now for best MCX Tips and NCDEX Tips
For quick free trial click here > 911 133 9000

No comments:

 
biz.