Wednesday, June 06, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 6 JUNE 2018


  • CPO trading range for the day is 631-659.6.
  • Crude palm oil gained tracking firmness in spot demand and overseas prices after prices dropped amid lacklustre export demand.
  • Malaysia's palm oil exports in May dropped 8.8 percent from April to around 1.2 million tonnes.
  • EU 2017/18 palm oil imports stood at 5.6 million tonnes, up 2 percent from 5.5 million tonnes a year earlier.
  • Crude palm oil prices in spot market gained by 1.70 rupees and settled at 647.40 rupees.

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