Tuesday, April 09, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL

CPO trading range for the day is 462.63-470.43.
Crude palm oil edged up in thin trade as investors pinned their hopes on stockpiles having eased further in March
Traders are looking ahead to MPOB data due on Wednesday, to help gauge supply and demand fundamentals
Stocks stood at 2.44 million tonnes at the end of February, down from a record 2.63 million tonnes at the end of December.
Crude palm oil prices in spot market gained by Rs 3.30 and settled at 461.90 rupees.

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