Thursday, July 04, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL


CPO trading range for the day is 498.2-508.2.
Crude palm oil gains tracking firmness in spot demand and overseas prices amid hopes stocks could have dropped in June
Market participants expect rising exports to ease stocks further from May's 1.82 million tonnes, the lowest in nearly a year.
Cargo surveyors will report exports data for the first 10 days of July next week.
Crude palm oil prices in spot market gained by Rs 4.90 and settled at 503.30 rupees.

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