Monday, April 29, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL

CPO trading range for the day is 458.5-465.7.
Crude Palm oil ended with gains as encouraging export data buoyed investor hopes for resilient global demand
Indonesia cut its export tax for crude palm oil for May to 9 percent from 10.5 percent in April.
Malaysian palm oil products exports have gone up 2.8 percent in March to 1.36 mn tons compared to the last month.
Crude palm oil prices in spot market gained by Rs 3.70 and settled at 465.70 rupees.

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