Friday 17 November 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 17 NOVEMBER 2017

CPO trading range for the day is 531.2-565.Crude palm oil dropped on reports that palm oil import into the country climb for the ninth month.During Nov-Sep period, crude palm oil import is 57.34 lakh tonnes, up 9.5% from 52.34 lt during the same period of the previous oil year.The imports of palm oil rose by 10.06% to 92.93 lakh tonnes (LT) in 2016-17 marketing year that ended in October.Crude palm oil prices in spot market dropped by 2.60 rupees and settled at 541.70 rupees.

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