Wednesday, July 1, 2015

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 01 JULY 2015

CPO trading range for the day is 440.9-452.1.

Crude palm oil prices gained on late short covering weakness triggered by sluggish demand at the spot market against sufficient stocks position.

Malaysia's crude palm oil output rose in May and end-May stockpiles rose, a data released by the Malaysian Palm Oil Board showed.

Indonesian crude palm oil (CPO) output likely rose 4 percent in May to its highest level since August.

Crude palm oil prices in spot market dropped by 1.90 rupees and settled at 449.80 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

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