Friday, December 01, 2017

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 1 DECEMBER 2017


  • CPO trading range for the day is 578.7-592.9.
  • Crude palm oil ended with gains amid good steady demand from the bulk buyers.
  • Exports of Malaysian palm oil products for Nov. 1-30 fell 5.3 percent to 1,332,342 tonnes, down from 1,406,706 tonnes in the same period during October.
  • According to Indonesia trade ministry, Indonesia keeps November crude palm oil export duty to zero, unchanged from last month.
  • Crude palm oil prices in spot market dropped by 3.30 rupees and settled at 585.80 rupees.

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