Friday, 22 February 2019

EPIC RESEARCH NCDEX Crude palm oil UPDATE OF 22 February 2019



CPO trading range for the day is 562.7-573.5.

* Crude palm oil dropped tracking weakness in spot demand and overseas prices despite of expectations of weaker output.

* Output in Malaysia, fell 3.9 percent to 1.74 million tonnes last month, data from the Malaysian Palm Oil Board showed.

* Malaysia kept its export duty on crude palm oil for March at zero percent, according to a circular on the Malaysian Palm Oil Board's website.


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

No comments: