Wednesday, September 06, 2017

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 6 SEPTEMBER 2017


  • CPO trading range for the day is 522.1-530.9.
  • Crude palm oil ended with gains on higher tariff value and robust festive demand.
  • Palm inventories in August are seen higher as exports are expected to fall from the previous month while production is likely to be higher.
  • Exports of palm oil from Aug. 1 to 25 fell by 8.1 percent from the same period in the previous month, according to cargo surveyor Intertek Testing Services.
  • Crude palm oil prices in spot market gained by 9.30 rupees and settled at 529.30 rupees.

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