- CPO trading range for the day is 536.8-539.4. Crude palm oil prices dropped tracking weakness in spot demand on expectation of good supplies.
- There is expectation of higher stock levels of edible oil in the country as oilseed crushing is going on in full swing.
- Moreover, shipments from Malaysia, the world's second largest producer after Indonesia, dipped during the March 1-25 period.
- Crude palm oil prices in spot market dropped by 0.70 rupees and settled at 538.20 rupees.
Friday, March 31, 2017
EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 31 MARCH 2017
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