Thursday, October 24, 2013

EPIC AGRI COMMODITY UPDATE;CRUDE PALAM OIL


CPO trading range for the day is 531.3-548.1.
Crude palm oil recovered driven by higher demand from consuming industries in the spot market.
Tight stocks position in the physical market due to restricted arrivals from producing belts also supported the upside. 
Malaysia's palm oil exports during October 1-20 augmented by 3% from the same period in September to 10.26 lakh metric tonne.
Crude palm oil prices in spot market gained by Rs 5.10 and settled at 541.20 rupees.
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