Wednesday, November 29, 2017

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 29 NOVEMBER 2017


  • CPO trading range for the day is 587.5-593.7.
  • Crude palm oil ended with gains tracking firmness in spot demand and overseas prices.
  • However upside seen limited amid weak demand from China and expectation of higher Malaysian palm oil production.
  • The Malaysian exports is estimated to be lower for 1-25 Nov compared to Oct.
  • Crude palm oil prices in spot market gained by 1.20 rupees and settled at 592.50 rupees.

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