EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 08 JANUARY 2016

CPO trading range for the day is 405.5-418.5.
Crude palm oil gained due to firm demand in the spot market.
Malaysia palm oil exports during Dec 1-31 slumped 5.2% from a month earlier on weak demand.
Malaysia palm oil exports dropped to 1.27 million tons during Dec 1-31 compared to 1.34 million tons for the same period a month ago.
Crude palm oil prices in spot market dropped by 1.40 rupees and settled at 401.50 rupees.


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