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Tuesday, September 10, 2013

EPIC AGRI COMMODITY UPDATE : CRUDE PALAM OIL


CPO trading range for the day is 538.4-548.
Crude palm oil ended with losses on the back of weak demand in the spot market.
The trading sentiment weakened further due to adequate supplies from producing belts and profit booking
Exports of Malaysian palm oil likely stood at 1.53 million tonnes in August, a 7.8 percent increase from a month ago.
Crude palm oil prices in spot market dropped by Rs 1.00 and settled at 553.10 rupees.

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