Tuesday, June 20, 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 20 june 2017


  • CPO trading range for the day is 488.4-494.2.
  • Crude palm oil ended with small gains on short covering after prices dropped on weak demand and easing supply worries
  • Malaysia palm oil exports during June 1-15 slumped 18% compared to same period a month ago on subdued demand from EU and Middle East.
  • India’s Crude palm oil imports climbed by 25.68% in May to 492,440 tons compared to 391,796 tons imported during May 2015.
  • Crude palm oil prices in spot market gained by 2.90 rupees and settled at 498.60 rupees.

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