Tuesday, October 13, 2015

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 13 OCTOBER 2015

CPO trading range for the day is 421-426.8.
CPO gained on improved demand following robust Malaysia palm oil September export data and on lower output of the oil.
Malaysia's palm oil exports jumped 4.36% to 1.68 million tons in September compared to 1.61 million tons a month ago.
Palm oil output dropped 4.45% to 1.96 million tons in September end compared to 2.05 million tons a month earlier.

Crude palm oil prices in spot market gained by 3.00 rupees and settled at 424.10 rupees.

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