Tuesday, September 25, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 25 SEPTEMBER 2018


  • CPO trading range for the day is 587.7-595.3.
  • Crude palm oil ended with gains due to weaker rupees and higher import duty.
  • Malaysia maintained its export tax on crude palm oil for October at zero percent.
  • Indonesia's palm oil production likely rose in August from a month earlier and was at its highest level in at least four years.
  • Crude palm oil prices in spot market gained by 3.40 rupees and settled at 591.00 rupees.

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