Tuesday, September 24, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL


CPO trading range for the day is 523.5-539.5.
Crude palm oil ended with gains tracking firmness in spot demand but upside was limited on forecasts of surging supplies
Indonesia will retain its export tax for crude palm oil at 9 percent for October.
Malaysia's palm oil exports during September 1-15 increased by 14% from the same period in August to 7.32 lakh metric tonnes.
Crude palm oil prices in spot market gained by Rs 7.10 and settled at 532.50 rupees.

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