Thursday, 5 July 2018

EPIC RESEARCH MCX CRUDE PALM OIL UPDATE OF 05 July 2018

CPO trading range for the day is 623.2-634.

Crude palm oil ended with losses on late profit booking after seen supported tracking firmness in spot demand and overseas prices.

Malaysia palm oil exports during June 1-25 dropped 14.1% compared to same period a month ago on weak demand.

India’s palm oil imports in May plunged 38 per cent from a year earlier to their lowest in nearly four and a half years Crude palm oil prices in spot market dropped by 1.20 rupees and settled at 634.60 rupees.


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