Wednesday, September 26, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 26 SEPTEMBER 2018


  • CPO trading range for the day is 590-597.2.
  • Crude palm oil pared its gains tracking weakness in overseas prices on the back of expectations of rising output and stockpiles.
  • Higher stock levels in the country and expectation of cheaper imports from Malaysia due to zero duty keeping prices in check.
  • Malaysia's Sept 1-25 palm oil exports seen at 1,326,748 tonnes vs Aug 1-25 at 821,485 tonnes -AMSPEC Malaysia

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