Wednesday, 1 August 2018

EPIC RESEARCH NCDEX Crude palm oil UPDATE OF 1 August 2018

CPO trading range for the day is 593.8-608.8.

Crude palm oil ended with losses tracking weakness in spot demand and overseas prices on weak export data from a cargo surveyor.

Indonesia's exports of palm and palm kernel oils rose 7.5 percent from a year earlier to 2.29 million tonnes, Indonesia's palm oil association said.

Shipments rose due to surprise increase in imports by India, which were more than double those of a month earlier.


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