Thursday, 10 January 2019

EPIC SEARCH NCDEX Crude palm oil UPDATE OF 10 January 2019



CPO trading range for the day is 529.3-546.9.

Crude palm oil gained tracking firmness in spot demand and overseas prices amid slowing production gains.

Indonesia's palm and palm kernel oil exports in the month of November rose 14 percent to 2.99 million tonnes compared to the same month a year earlier.

India is the world's largest edible oil importer, and had previously raised import duties on edible oils to support local prices.

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