Friday 30 September 2016

EPIC RESEARCH NCDEX CRUDEPALMOIL UPDATE OF 30 Sep 2016

CPO trading range for the day is 576.8-585. Crude palm oil prices ended with gains supported on the back of pickup in demand at the spot market. Malaysia palm oil exports during Sep 1-25 dropped 15% compared to a month earlier. Malaysia palm oil exports slipped to 1.11 million tons during Sep 1-25 compared to 1.31 million tons for the same period a month ago. Crude palm oil prices in spot market gained by 1.10 rupees and settled at 582.60 rupees.

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