Wednesday, September 04, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL


CPO trading range for the day is 551.1-573.3.
Crude palm oil ended with gains tracking firmness in spot demand supported by weakness in rupee.
Palm exports rose 6.5 percent in August compared with a month earlier on higher purchases by China and Europe.
The next export figures for the first 10 days of September will be due on Sept. 10, the same day the MPOB is expected to publish official data for August stocks and output
Crude palm oil prices in spot market gained by Rs 8.00 and settled at 568.90 rupees.

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