Friday, February 5, 2016

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 05 FEBRUARY 2016

CPO trading range for the day is 447.5-475.3.
Crude palm oil prices ended with gains on supply worries in global market.
Prices of the palm oil were also supported by supply worries after India's palm oil imports for December month fell.
India's Crude palm oil imports slipped 29.24% to 778,815 tons in December compared to 551,058 tons in the same period a month ago.
Crude palm oil prices in spot market gained by 2.80 rupees and settled at 454.90 rupees.


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