Tuesday, April 16, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL

CPO trading range for the day is 454.8-464.
Crude Palm oil dropped hurt by easing exports and disappointing Chinese data that raised concerns about the outlook for demand
Malaysian palm oil exports from April 1 to 15 inched down 4% to 648,275 tonnes from 675,210 tonnes shipped during March 1 to 15
Official data showed that stocks in the Southeast Asian country posted a higher-than-expected decline to 2.17 million tonnes in March
Crude palm oil prices in spot market dropped by Rs 4.40 and settled at 458.20 rupees.

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