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Wednesday, May 20, 2015

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 20 MAY 2015

CPO trading range for the day is 436-454.

Crude palm oil prices ended with losses due to subdued demand in the spot market.

Malaysia, will keep its June crude palm oil export tax at zero percent, continuing duty-free exports from this month.

Malaysia palm oil exports during May 1-15 climbed 54.47% compared to a month earlier on improved demand.

Crude palm oil prices in spot market gained by 0.20 and settled at 453.00 rupees.

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