Wednesday, February 15, 2017

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 15 FEBRUARY 2017

CPO trading range for the day is 557.9-576.1. Crude palm oil ended with losses tracking global palm oil prices amid weak demand. Prices of the palm oil were down on subdued demand following weaker Malaysian palm oil export data.  Malaysia palm oil exports during Feb 1-10 fell 3% compared to a month earlier on weak demand from Middle East, data showed. Crude palm oil prices in spot market dropped by 2.30 rupees and settled at 575.50 rupees. 
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