EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 30 OCTOBER 2017

CPO trading range for the day is 540.9-547.9.Crude palm oil prices ended with flat node paring gains on profit booking tracking weakness in spot demand and overseas prices. The market is buoyed by continued optimism about exports, while concerns that the La Nina weather pattern could hurt production. Data from cargo surveyor Intertek Testing Services showed that exports of Malaysian palm oil products during Oct. 1-25 rose 8.6 percent to 1,177,939 tonnes.Crude palm oil prices in spot market gained by 2.10 rupees and settled at 545.10 rupees.



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