Friday 11 May 2018

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 11 MAY 2018


CPO trading range for the day is 653.4-674.6.

Crude palm oil ended with gains due to good physical demand and overseas demand.

As per SEA latest report, India's crude Palm oil (CPO) imports in March increased by 30.33% compared to same period a year ago.

Malaysia's palm oil inventories fell to a seven-month low at end-April, declining for a fourth straight month as exports and domestic consumption outpaced production.

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