Thursday, March 22, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 22 MARCH 2018


  • CPO trading range for the day is 635.2-654.
  • Crude palm oil gained tracking firmness in spot demand despite figures showing a strong rise in Malaysian production so far in March.
  • Output data released by the Southern Peninsular Palm Oil Millers Association showed regional output for the March 1-20 period climbed 36.4 percent from a month earlier.
  • Exports of Malaysian palm oil products for March 1 – 20 rose 15.3 percent to 913,091 tonnes from 791,992 tonnes shipped during February 1 – 20.
  • Crude palm oil prices in spot market gained by 0.60 rupees and settled at 638.70 rupees.


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