Tuesday 16 April 2019

EPIC RESEARCH NCDEX Crude palm oil UPDATE OF 16 April 2019



CPO trading range for the day is 531.1-537.7.

CPO dropped amid weakness in spot demand and overseas prices weighed down by expectations of rising production.

Official data from the Malaysian Palm Oil Board (MPOB) showed March end-stocks and production at higher levels than expected.

Malaysia's palm oil stockpiles at the end of March fell 4.6 percent from the previous month to 2.92 million tonnes.

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

No comments: