EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 22 JULY 2015

CPO trading range for the day is 427.7-436.7.

Crude palm oil prices gained triggered by rising demand in the spot market.

In the latest USDA report, global palm oil production in 2015/16 is forecasted to increase by 6 % to 65.17 million tons (mt) compared to 61.65 mt in 2014/15.

Malaysia palm oil exports during July 1-20 dropped 15.52% compared to a month earlier on weak demand from China, India & Subcontinent and European Union.

Crude palm oil prices in spot market gained by 1.40 rupees and settled at 430.30 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co