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Tuesday, May 12, 2015

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 12 MAY 2015

CPO trading range for the day is 442.8-457.4.

Crude palm oil ended with gains on improved demand for the oil in export market.

Prices the palm oil will also be under pressure on higher production of the oil in Malaysia, the second biggest oil producer.

Palm oil imports by India slumped 60.24% to 147,900 tons in April compared to 372,055 tons for the same period a month ago.

Crude palm oil prices in spot market gained by 4.50 and settled at 452.00 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

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