Tuesday, May 21, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL



CPO trading range for the day is 466.87-474.07.
Crude palm oil settled flat as gains were eventually capped by data showing a drop in exports.
The palm oil gains were trimmed after data reported a 9.4% decline in Malaysian palm shipments to 799,405 tonnes
Malaysia's palm oil exports during May 1-10 declined by 17% from the same period in April to 3.80 lakh metric tonnes.
Crude palm oil prices in spot market dropped by Rs 0.20 and settled at 468.70 rupees.

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