Thursday, October 15, 2015

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 15 OCTOBER 2015

CPO trading range for the day is 422.6-441.4.

Crude palm oil prices dropped due to profit-booking amid fall in demand in the spot market.

However, expectation of rising domestic demand ahead of festival season, capped some losses.

Malaysia palm oil exports during Oct 1-10 dropped 11.25% compared to a month earlier on weak demand from China and Middle East.

Crude palm oil prices in spot market gained by 2.40 rupees and settled at 426.60 rupees.For more information ✆ - 0731-6642300 on MCX Tips or Visit http://www.epicresearch.co 

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