Friday, November 30, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 30 NOVEMBER 2018


  • CPO trading range for the day is 497.1-502.1.
  • Crude palm oil dropped amid rising inventories and physical demand showed no signs of improvement.
  • Malaysia maintained its export tax on crude palm oil for December at zero percent.
  • Indonesia's palm oil production and exports fell in October from the previous month following the peak of the harvest season, while domestic consumption rose.
  • Crude palm oil prices in spot market dropped by 2.10 rupees and settled at 500.00 rupees.

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