EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 21 OCTOBER 2015

CPO trading range for the day is 400.7-424.3.
Crude palm oil prices ended with gains due to good demand at the spot market ahead of festival season.
Though, Excessive import & country’s dependence on imported oil that has further increased to nearly 70%, capped some gains.
Malaysia palm oil exports during October 1-15 dropped 8.78% compared to a month earlier on weak demand from European Union, Middle East and China.


Crude palm oil prices in spot market gained by 1.60 rupees and settled at 414.10 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co