Tuesday, August 18, 2015

CPO trading range for the day is 385.6-395.

Crude palm oil dropped as weaker demand after Ramadan, and report shows Malaysian palm oil inventories increased 5.3 per cent.

Malaysian palm oil inventories increased 5.3% to 2.26mtns, the highest since Nov after production climbed in the world’s biggest supplier after Indonesia.

As per ITS, reported that exports of Malaysia’s palm oil products during August 1 to 10 increased 57.6% to 498,993 tonnes.

Crude palm oil prices in spot market dropped by 0.90 rupees and settled at 390.60 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

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