Monday, May 06, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL

 

CPO trading range for the day is 452.83-459.03.
Crude palm oil gained on short covering after prices dropped weighed by poor export data.
Investors also kept away from risk-taking as they waited for further trading clues from official data on palm stocks
Cargo surveyor data showed April's palm oil exports fell between 4.3 percent to 5.6 percent from a month ago
Crude palm oil prices in spot market dropped by Rs 0.40 and settled at 456.40 rupees.

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