Tuesday, May 08, 2018

EPIC RESEARCH NCDEX UPDATE OF JEERA CRUDE PALM OIL 8 MAY 2018


  • CPO trading range for the day is 642.4-653.
  • Crude palm oil ended with gains tracking firmness in spot demand amid reports of lower stockpiles.
  • Palm oil inventories in Malaysia, the world's second-largest producer, probably fell for a fourth month in April to a six-month low.
  • Malaysia palm oil exports during Apr 1-30 dropped 4.5% compared to same period a month ago on weak demand.
  • Crude palm oil prices in spot market gained by 7.20 rupees and settled at 644.30 rupees.

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