Wednesday, 1 November 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 01 NOVEMBER 2017

CPO trading range for the day is 536.3-549.9. Crude palm oil dropped on profit booking after prices seen sported on increasing weather concerns in Indonesia, Malaysia. Malaysia palm oil exports rose to 1.17 million tons during Oct 1-25 compared to 1.08 tons for the same period a month ago. India's palm oil import from Malaysia during Oct 1-25 rose 28.57% to 252,010 tons compared to 196,000 tons in the same period a month ago.Crude palm oil prices in spot market dropped by 2.30 rupees and settled at 544.90 rupees.

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