Thursday, March 10, 2016

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 10 MARCH 2016

CPO trading range for the day is 484.8-521.2.
Crude palm oil price gained tracking a firm trend on pickup in demand at the spot market.
Palm oil inventories in Malaysia probably fell to 11-month low in February.
Malaysian production is likely to decline from January to June, drawing down palm oil stockpiles.


Crude palm oil prices in spot market gained by 2.60 rupees and settled at 486.90 rupees.

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