Monday, February 25, 2019

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 25 FEBRUARY 2019


  • CPO trading range for the day is 554.8-571.2.
  • Crude palm oil dropped tracking weakness in spot demand and overseas prices despite of expectations of weaker output.
  • Output in Malaysia, fell 3.9 percent to 1.74 million tonnes last month, data from the Malaysian Palm Oil Board showed.
  • Malaysia kept its export duty on crude palm oil for March at zero percent, according to a circular on the Malaysian Palm Oil Board's website.
  • Crude palm oil prices in spot market dropped by 1.40 rupees and settled at 562.00 rupees.


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