Friday, January 27, 2017

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 27 JANUARY 2017

CPO trading range for the day is 592.5-600.5. Crude palm oil prices ended with flat node due to profit booking after prices gained recently amid robust Malaysian palm oil export data. Malaysia palm oil exports during Jan 1-20 climbed 18% compared to a month earlier on strong demand. India's palm oil imports from Malaysia during Jan 1-20 jumped by 10.08% to 110,800 tons. Crude palm oil prices in spot market dropped by 1.10 rupees and settled at 596.90 rupees. 

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