Friday, December 13, 2013

EPIC AGRI COMMODITY UPDATE:CRUDE PALM OIL


CPO trading range for the day is 548.9-564.7.
Crude palm oil ended with losses due to selling pressure triggered by weak demand in the spot market though arrivals remain steady.
India's palm oil imports edged lower in November for their first month-on-month decline since August due to a lull in demand at the start of the winter season
Trading sentiments weakened further due to prospects of bumper production due to higher sowing in the current year.


Crude palm oil prices in spot market dropped by 2.30 and settled at 555.20 rupees.Visit Here



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