Wednesday, May 22, 2013

EPIC AGRI COMMODITY UPDATE: CRUDE PALAM OIL



CPO trading range for the day is 466.17-474.37.
Crude Palm oil gains tracking firm in spot demand though upside was limited as lower exports weighed on prices.
Malaysian palm oil stocks fell to 1.93 million tonnes in April, crossing below the psychological 2-million-tonne
Sources said stocks could edge even lower in May as production remains stagnant and exports pick up.


Crude palm oil prices in spot market dropped by Rs 0.10 and settled at 468.70 rupees.GET FREE



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