Thursday, July 13, 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 13 july 2017


  • CPO trading range for the day is 485.5-494.7.
  • Crude palm oil settled flat as prices pared gains on expectations of rising production for the month of July.
  • Prices remained under pressure on forecasts that July production levels will be higher on-month from 1.51 million tonnes reached in June.
  • According to cargo surveyor Intertek Testing Services (ITS), Malaysia’s June palm oil exports fell 8.9 percent to 1,190,583 tons v/s 1,306,374 tons.

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