Thursday, April 18, 2019

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 18 APRIL 2019


  • CPO trading range for the day is 539.2-544.6.
  • CPO gained on short covering after prices dropped amid weakness in spot demand and overseas prices weighed down by expectations of rising production.
  • Official data from the Malaysian Palm Oil Board (MPOB) showed March end-stocks and production at higher levels than expected.
  • Malaysia's palm oil stockpiles at the end of March fell 4.6 percent from the previous month to 2.92 million tonnes.
  • Crude palm oil prices in spot market gained by 3.90 rupees and settled at 535.40 rupees.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

No comments:

Post a Comment

Note: only a member of this blog may post a comment.