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Thursday, May 18, 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 18 May 2017


  • CPO trading range for the day is 508.5-517.9.
  • Crude palm oil ended with gains amid good physical demand and increasing tariff value.
  • Palm oil import rose 2.25 per cent to 7,52,632 tonnes in April on higher shipment of crude palm oil (CPO), SEA said.
  • Malaysian Palm Oil Board of data showed that domestic stocks of the vegetable oil rose by less than expected last month.
  • Crude palm oil prices in spot market gained by 3.70 rupees and settled at 518.30 rupees.
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