EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 06 AUGUST 2015

CPO trading range for the day is 393.5-411.3.

Crude palm oil prices dropped on expectation of higher supply from Indonesia.

Indonesia is estimated to produce 31.5 million tons of CPO compared to 33 million tons in 2014, a rise of 8.20%.

Malaysian palm oil exports in July fell 6.4% from June to 1.54 million tons, DowJones reported citing Intertek Testing Services.

Crude palm oil prices in spot market dropped by 2.80 rupees and settled at 402.00 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co