Monday, December 16, 2013

EPIC AGRI COMMODITY UPDATE: CRUDE PALM OIL


CPO trading range for the day is 549-552.8.
Crude palm oil ended with losses tracking weakness in spot demand and overseas prices.
Prospects of smaller supplies from Malaysia after monsoon floods in several palm-growing areas dented harvesting.
Softer demand for palm oil, typical towards the year-end as palm solidifies in winter, have pressured palm prices


Crude palm oil prices in spot market dropped by 5.20 and settled at 550 rupees.Visit Here



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