EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 15 FEBRUARY 2016

CPO trading range for the day is 474.1-497.1.
Crude palm oil prices settled flat on profit booking after prices gained due to increasing demand from traders and stockists at the spot market.
Malaysia's crude palm oil output and end-January stockpiles fell, a data released by the Malaysian Palm Oil Board showed.
Palm oil output dropped 19.3% to 1.12 million tons in January end compared to 1.39 million tons a month earlier.
Crude palm oil prices in spot market gained by 10.50 rupees and settled at 478.80 rupees.

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