Friday, July 25, 2014

AGRI COMMODITY NEWS UPDATE CRUDE PALM OIL 25 - JULY -2014



CPO trading range for the day is 532.9-540.3.
Crude palm oil gained following rising demand in the spot market.
Further, expectations of improved global demand for blending with diesel and limited supplies too supported prices.
Exports in the first half of 2014 amounted to 9.75 million tonnes, down from around 11 million tonnes in the first half of 2013.
Crude palm oil prices in spot market gained by 1.00 and settled at 539.30 rupees.

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