Wednesday, January 15, 2014

EPIC AGRI COMMODITY UPDATE:CRUDE PALM OIL


CPO trading range for the day is 527.9-539.3.
Crude palm oil ended with losses as concerns of higher stocks amid sluggish export demand continued to weigh on investor sentiment.
Malaysian end-stocks rose to 1.99 million tonnes in December from a month earlier, the Malaysian Palm Oil Board said, hitting their highest in nine months
India crude palm oil imports in December jumped 8.7% on year to 691,740 tons compared to 636,113 tons a year earlier.


Crude palm oil prices in spot market dropped by 2.90 and settled at 527.20 rupees.Visit Here



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