EPIC RESEARCH NCDEX CRUDEPALMOIL UPDATE OF 14 Oct 2016

CPO trading range for the day is 507.1-519.5.Crude palm oil prices ended with losses amid slackened demand in the spot market. Further, sufficient stocks position following higher supply from the producing belts too fuelled the downtrend.Malaysia palm oil exports jumped to 421,044 tons during Oct 1-10 compared to 380,115 tons for the same period a month ago.Crude palm oil prices in spot market dropped by 2.00 rupees and settled at 547.40 rupees.



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