Wednesday, February 07, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 7 FEBRUARY 2018


  • CPO trading range for the day is 567.6-574.2.
  • Crude palm oil ended with flat node on profit booking after gaining amid good physical demand in the domestic market.
  • Malaysia's palm oil shipments in January fell 8-9% from a month earlier, according to data from two cargo surveyors.
  • This year, palm oil imports from Malaysia may rise around 30% as the government of that country is expected to adopt some measures to boost such shipments.
  • Crude palm oil prices in spot market dropped by 2.10 rupees and settled at 566.90 rupees.

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